NewEdge Advisors LLC Raises Position in iShares Core 1-5 Year USD Bond ETF $ISTB

NewEdge Advisors LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 45.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,868 shares of the company’s stock after acquiring an additional 20,485 shares during the period. NewEdge Advisors LLC owned approximately 0.07% of iShares Core 1-5 Year USD Bond ETF worth $3,192,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in ISTB. Financial Solutions Advisory Group Inc. purchased a new position in iShares Core 1-5 Year USD Bond ETF in the 1st quarter worth about $57,365,000. TrueWealth Financial Partners purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the first quarter valued at approximately $316,000. Rockbridge Investment Management LCC raised its position in iShares Core 1-5 Year USD Bond ETF by 0.9% in the first quarter. Rockbridge Investment Management LCC now owns 35,375 shares of the company’s stock worth $1,714,000 after acquiring an additional 304 shares during the period. Cetera Investment Advisers boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.7% during the 1st quarter. Cetera Investment Advisers now owns 181,760 shares of the company’s stock worth $8,808,000 after acquiring an additional 3,112 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 54,351 shares of the company’s stock valued at $2,634,000 after acquiring an additional 2,132 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

NASDAQ:ISTB opened at $48.01 on Thursday. The firm has a market capitalization of $5.13 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.88 and a one year high of $49.05. The business has a fifty day moving average price of $48.08 and a 200-day moving average price of $48.37.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.1743 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, August 3rd.

About iShares Core 1-5 Year USD Bond ETF

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.