DORVAL Corp Acquires 15,214 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

DORVAL Corp boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 5.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 304,234 shares of the company’s stock after purchasing an additional 15,214 shares during the quarter. iShares Core 1-5 Year USD Bond ETF comprises 4.9% of DORVAL Corp’s portfolio, making the stock its 9th biggest position. DORVAL Corp’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $14,859,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in ISTB. Goldman Sachs Group Inc. raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 100.9% during the first quarter. Goldman Sachs Group Inc. now owns 165,118 shares of the company’s stock worth $7,983,000 after purchasing an additional 82,911 shares during the last quarter. Jane Street Group LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 1st quarter worth about $1,681,000. Parallel Advisors LLC raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 3,024.7% during the 2nd quarter. Parallel Advisors LLC now owns 2,656 shares of the company’s stock valued at $129,000 after buying an additional 2,571 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 405.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 6,359 shares of the company’s stock valued at $309,000 after buying an additional 5,101 shares during the period. Finally, Opal Wealth Advisors LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 3.8% in the 2nd quarter. Opal Wealth Advisors LLC now owns 382,554 shares of the company’s stock valued at $18,611,000 after buying an additional 13,894 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.1%

iShares Core 1-5 Year USD Bond ETF stock opened at $48.70 on Wednesday. The firm has a market cap of $4.70 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $47.73 and a 52 week high of $48.99. The business’s 50-day moving average price is $48.77 and its 200 day moving average price is $48.73.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a dividend of $0.1699 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17.

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.