iShares Core 1-5 Year USD Bond ETF $ISTB Stock Bought by Townsend & Associates Inc

Townsend & Associates Inc lifted its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,263,483 shares of the company’s stock after buying an additional 22,852 shares during the period. iShares Core 1-5 Year USD Bond ETF makes up about 5.2% of Townsend & Associates Inc’s holdings, making the stock its 2nd biggest holding. Townsend & Associates Inc owned 1.12% of iShares Core 1-5 Year USD Bond ETF worth $59,826,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Apella Capital LLC grew its position in 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 valued at $69,372,000 after acquiring an additional 384,056 shares during the period. Financial Solutions Advisory Group Inc. purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter worth about $57,365,000. Prosperity Planning Inc. raised 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 purchasing an additional 65,781 shares during the period. Cahaba Wealth Management Inc. raised 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 purchasing an additional 64,238 shares during the period. Finally, MBL Wealth LLC lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 5.8% in the 3rd quarter. MBL Wealth LLC now owns 925,403 shares of the company’s stock valued at $43,725,000 after purchasing an additional 50,587 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

NASDAQ ISTB opened at $47.44 on Monday. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $47.01 and a 1-year high of $49.05. The firm has a market capitalization of $5.34 billion, a P/E ratio of 10.99 and a beta of 0.11. The business’s 50-day simple moving average is $47.55 and its 200-day simple moving average is $47.97.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

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

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.