iShares Core 1-5 Year USD Bond ETF $ISTB Stock: Maryland Capital Advisors Inc. Grows Stake

Maryland Capital Advisors Inc. boosted its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 10.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 176,015 shares of the company’s stock after buying an additional 16,878 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up approximately 2.6% of Maryland Capital Advisors Inc.’s portfolio, making the stock its 10th biggest position. Maryland Capital Advisors Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $8,317,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SHP Wealth Management bought a new position in iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at approximately $70,668,000. Apella Capital LLC raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 35.4% during the third quarter. Apella Capital LLC now owns 1,469,742 shares of the company’s stock worth $69,372,000 after acquiring an additional 384,056 shares in the last quarter. Financial Solutions Advisory Group Inc. bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter worth approximately $57,365,000. Prosperity Planning Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 6.0% in the 3rd quarter. Prosperity Planning Inc. now owns 1,164,033 shares of the company’s stock worth $55,001,000 after acquiring an additional 65,781 shares during the last quarter. Finally, Cahaba Wealth Management Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 6.0% in the 1st quarter. Cahaba Wealth Management Inc. now owns 1,128,804 shares of the company’s stock worth $54,702,000 after acquiring an additional 64,238 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $47.32 on Friday. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.01 and a 52-week high of $49.05. The stock has a market capitalization of $5.26 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. The company has a fifty day moving average of $47.63 and a 200-day moving average of $48.01.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were given a $0.1772 dividend. This represents a $2.13 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Tuesday, September 1st. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1743.

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.