iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Position Increased by Principal Securities Inc.

Principal Securities Inc. raised its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 11.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 78,812 shares of the company’s stock after buying an additional 8,152 shares during the quarter. Principal Securities Inc. owned 0.09% of iShares Core 1-5 Year USD Bond ETF worth $3,837,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. ORG Partners LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the second quarter valued at about $30,000. Larson Financial Group LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF by 386.5% during the second quarter. Larson Financial Group LLC now owns 1,012 shares of the company’s stock valued at $48,000 after buying an additional 804 shares in the last quarter. Bogart Wealth LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF by 40.7% during the third quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock valued at $48,000 after buying an additional 287 shares in the last quarter. Rothschild Investment LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the second quarter valued at about $57,000. Finally, Family Firm Inc. purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the second quarter worth approximately $68,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock opened at $47.83 on Friday. The stock has a market cap of $4.08 billion, a P/E ratio of 16.72 and a beta of 0.07. The firm has a 50 day simple moving average of $48.38 and a 200 day simple moving average of $47.78. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $45.37 and a 52 week high of $48.75.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be issued a dividend of $0.1594 per share. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15. This represents a $1.91 annualized dividend and a dividend yield of 4.00%. The ex-dividend date of this dividend is Friday, November 1st.

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.