Commonwealth Financial Services LLC Makes New Investment in iShares Core 1-5 Year USD Bond ETF $ISTB

Commonwealth Financial Services LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 13,255 shares of the company’s stock, valued at approximately $626,000.

Several other hedge funds also recently made changes to their positions in the company. Turtle Creek Wealth Advisors LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 1st quarter valued at about $44,000. IFP Advisors Inc raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 154.2% during the second quarter. IFP Advisors Inc now owns 1,253 shares of the company’s stock valued at $60,000 after buying an additional 760 shares during the last quarter. Burkett Financial Services LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 166.0% in the second quarter. Burkett Financial Services LLC now owns 2,399 shares of the company’s stock worth $116,000 after purchasing an additional 1,497 shares in the last quarter. Parallel Advisors LLC grew its position in iShares Core 1-5 Year USD Bond ETF by 35.6% in the 1st quarter. Parallel Advisors LLC now owns 3,603 shares of the company’s stock valued at $175,000 after buying an additional 945 shares in the last quarter. Finally, Dagco Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF by 85.9% during the first quarter. Dagco Inc. now owns 3,700 shares of the company’s stock worth $179,000 after purchasing an additional 1,710 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB traded down $0.01 during midday trading on Tuesday, reaching $47.27. The stock had a trading volume of 211,612 shares, compared to its average volume of 514,141. The firm’s 50 day moving average price is $47.60 and its 200-day moving average price is $48.00. 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 company has a market capitalization of $5.26 billion, a P/E ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

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

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.