LJI Wealth Management LLC Purchases 74,798 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

LJI Wealth Management LLC grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 1,273,492 shares of the company’s stock after buying an additional 74,798 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for 8.5% of LJI Wealth Management LLC’s portfolio, making the stock its 3rd largest position. LJI Wealth Management LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $60,173,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 58.2% in the third quarter. International Assets Investment Management LLC now owns 10,000 shares of the company’s stock valued at $472,000 after purchasing an additional 3,679 shares during the last quarter. Cranbrook Wealth Management LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the 3rd quarter worth approximately $5,001,000. Fonville Wealth Management LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 0.9% during the 3rd quarter. Fonville Wealth Management LLC now owns 228,650 shares of the company’s stock valued at $10,804,000 after purchasing an additional 2,083 shares during the last quarter. Sterling Investment Advisors LLC ADV purchased a new position in iShares Core 1-5 Year USD Bond ETF during the 3rd quarter worth approximately $7,142,000. Finally, VestGen Advisors LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 129.1% in the 3rd quarter. VestGen Advisors LLC now owns 103,478 shares of the company’s stock valued at $4,889,000 after purchasing an additional 58,303 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ ISTB opened at $47.61 on Friday. The firm has a market cap of $5.36 billion, a PE ratio of 10.99 and a beta of 0.11. The firm has a fifty day moving average of $47.50 and a 200 day moving average of $48.16. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.01 and a one year high of $49.05.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.1772 per share. This represents a $2.13 dividend on an annualized basis and a yield of 4.5%. This is a boost 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.