iShares Core 1-5 Year USD Bond ETF $ISTB Shares Bought by Parallel Advisors LLC

Parallel Advisors LLC increased its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 957.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,334 shares of the company’s stock after acquiring an additional 16,601 shares during the period. Parallel Advisors LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $866,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of ISTB. W.G. Shaheen & Associates DBA Whitney & Co bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 3rd quarter worth $488,000. Providence First Trust Co grew its position in iShares Core 1-5 Year USD Bond ETF by 1.7% during the third quarter. Providence First Trust Co now owns 132,838 shares of the company’s stock valued at $6,277,000 after buying an additional 2,250 shares during the period. Pine Haven Investment Counsel Inc grew its position in iShares Core 1-5 Year USD Bond ETF by 4.3% during the third quarter. Pine Haven Investment Counsel Inc now owns 19,446 shares of the company’s stock valued at $919,000 after buying an additional 800 shares during the period. Kestra Advisory Services LLC increased its holdings in iShares Core 1-5 Year USD Bond ETF by 4.1% during the third quarter. Kestra Advisory Services LLC now owns 119,521 shares of the company’s stock worth $5,647,000 after buying an additional 4,683 shares during the last quarter. Finally, Commonwealth Equity Services LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the third quarter worth about $8,332,000.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.4%

ISTB opened at $47.36 on Wednesday. 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 company’s 50-day moving average price is $47.41 and its two-hundred day moving average price is $48.11. The stock has a market cap of $5.35 billion, a price-to-earnings ratio of 10.99 and a beta of 0.12.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a dividend of $0.1777 per share. This represents a $2.13 annualized dividend and a yield of 4.5%. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1742. The ex-dividend date of this dividend was Monday, November 2nd.

iShares Core 1-5 Year USD Bond ETF Company 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.