50,587 iShares Core 1-5 Year USD Bond ETF $ISTB Shares Bought by MBL Wealth LLC

MBL Wealth LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 5.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 925,403 shares of the company’s stock after purchasing an additional 50,587 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for approximately 2.6% of MBL Wealth LLC’s portfolio, making the stock its 7th largest holding. MBL Wealth LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $43,725,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Apella Capital LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 35.4% during the 3rd quarter. Apella Capital LLC now owns 1,469,742 shares of the company’s stock worth $69,372,000 after purchasing an additional 384,056 shares in the last quarter. Financial Solutions Advisory Group Inc. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 1st quarter worth approximately $57,365,000. Prosperity Planning Inc. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.0% during the 3rd quarter. Prosperity Planning Inc. now owns 1,164,033 shares of the company’s stock worth $55,001,000 after purchasing an additional 65,781 shares during the last quarter. Cahaba Wealth Management Inc. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.0% during the 1st quarter. Cahaba Wealth Management Inc. now owns 1,128,804 shares of the company’s stock worth $54,702,000 after purchasing an additional 64,238 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF by 33.3% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 741,304 shares of the company’s stock valued at $35,875,000 after buying an additional 185,134 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock opened at $47.47 on Friday. The stock’s 50 day moving average price is $47.56 and its 200 day moving average price is $47.97. The firm has a market cap of $5.31 billion, a P/E ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $47.01 and a 1 year high of $49.05.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

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

iShares Core 1-5 Year USD Bond ETF Profile

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.