iShares Core 1-5 Year USD Bond ETF $ISTB Stock Sold by Factor Wealth Management LTD

Factor Wealth Management LTD reduced its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 8.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 374,794 shares of the company’s stock after selling 32,489 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up approximately 2.8% of Factor Wealth Management LTD’s investment portfolio, making the stock its 12th biggest position. Factor Wealth Management LTD owned approximately 0.35% of iShares Core 1-5 Year USD Bond ETF worth $17,709,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of ISTB. Turtle Creek Wealth Advisors LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the first quarter worth about $44,000. IFP Advisors Inc lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 154.2% during the 2nd quarter. IFP Advisors Inc now owns 1,253 shares of the company’s stock valued at $60,000 after buying an additional 760 shares in the last quarter. Banque Transatlantique SA grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 47.4% during the 4th quarter. Banque Transatlantique SA now owns 2,126 shares of the company’s stock valued at $104,000 after acquiring an additional 684 shares during the period. Burkett Financial Services LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 166.0% during the 2nd quarter. Burkett Financial Services LLC now owns 2,399 shares of the company’s stock valued at $116,000 after acquiring an additional 1,497 shares during the period. Finally, Parallel Advisors LLC increased its holdings in iShares Core 1-5 Year USD Bond ETF by 35.6% in the 1st quarter. Parallel Advisors LLC now owns 3,603 shares of the company’s stock worth $175,000 after acquiring an additional 945 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.1%

NASDAQ ISTB traded up $0.05 on Thursday, reaching $47.25. 399,243 shares of the stock were exchanged, compared to its average volume of 505,875. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.01 and a one year high of $49.05. The firm has a market capitalization of $5.11 billion, a PE ratio of 10.99 and a beta of 0.11. The company’s 50-day simple moving average is $47.70 and its two-hundred day simple moving average is $48.05.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.1772 per share. This represents a $2.13 annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Tuesday, September 1st. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1743.

About iShares Core 1-5 Year USD Bond ETF

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.