17,050 Shares in iShares Core 1-5 Year USD Bond ETF $ISTB Bought by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,050 shares of the company’s stock, valued at approximately $806,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 97.3% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 18,663 shares of the company’s stock valued at $882,000 after purchasing an additional 9,203 shares during the last quarter. Level Wealth Management LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 125.3% during the third quarter. Level Wealth Management LLC now owns 14,806 shares of the company’s stock worth $700,000 after buying an additional 8,234 shares during the period. Townsend & Associates Inc increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 1.8% during the third quarter. Townsend & Associates Inc now owns 1,263,483 shares of the company’s stock worth $59,826,000 after buying an additional 22,852 shares during the period. Sigma Planning Corp bought a new position in iShares Core 1-5 Year USD Bond ETF during the third quarter worth $279,000. Finally, IRON Financial LLC bought a new position in iShares Core 1-5 Year USD Bond ETF during the third quarter worth $14,579,000.

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

Shares of NASDAQ ISTB opened at $47.40 on Wednesday. The company has a market capitalization of $5.33 billion, a PE ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $47.01 and a twelve month high of $49.05. The firm has a fifty day simple moving average of $47.47 and a 200 day simple moving average of $48.14.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd will be issued a dividend of $0.1777 per share. This represents a $2.13 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Monday, November 2nd. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1742.

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.