PDS Planning Inc Buys 458 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

PDS Planning Inc lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,627 shares of the company’s stock after purchasing an additional 458 shares during the quarter. PDS Planning Inc’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,122,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ISTB. Independence Financial Advisors LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter worth $12,997,000. Royal Bank of Canada lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 40.2% in the first quarter. Royal Bank of Canada now owns 852,021 shares of the company’s stock valued at $41,195,000 after buying an additional 244,395 shares in the last quarter. Acorns Advisers LLC grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 1.8% during the first quarter. Acorns Advisers LLC now owns 10,922,893 shares of the company’s stock valued at $528,122,000 after buying an additional 194,526 shares during the last quarter. Apella Capital LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 62.3% during the second quarter. Apella Capital LLC now owns 390,604 shares of the company’s stock worth $18,886,000 after acquiring an additional 149,948 shares in the last quarter. Finally, Hoxton Planning & Management LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the first quarter worth about $7,237,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock opened at $48.78 on Friday. The business has a 50-day simple moving average of $48.76 and a two-hundred day simple moving average of $48.46. The company has a market capitalization of $4.56 billion, a P/E ratio of 10.99 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.57 and a 52-week high of $48.98.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.168 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Wednesday, October 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.