iShares Core 1-5 Year USD Bond ETF $ISTB Stock: Parallel Advisors LLC Boosts Stake

Parallel Advisors LLC increased its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 957.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 18,334 shares of the company’s stock after purchasing an additional 16,601 shares during the period. Parallel Advisors LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $866,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. W.G. Shaheen & Associates DBA Whitney & Co bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the third quarter valued at approximately $488,000. Providence First Trust Co boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 1.7% in the 3rd quarter. Providence First Trust Co now owns 132,838 shares of the company’s stock worth $6,277,000 after buying an additional 2,250 shares during the period. Pine Haven Investment Counsel Inc lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.3% during the third quarter. Pine Haven Investment Counsel Inc now owns 19,446 shares of the company’s stock worth $919,000 after acquiring an additional 800 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 4.1% in the third quarter. Kestra Advisory Services LLC now owns 119,521 shares of the company’s stock worth $5,647,000 after acquiring an additional 4,683 shares during the period. Finally, Commonwealth Equity Services LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the third quarter worth $8,332,000.

iShares Core 1-5 Year USD Bond ETF Price Performance

iShares Core 1-5 Year USD Bond ETF stock opened at $47.36 on Wednesday. The firm has a market capitalization of $5.35 billion, a P/E ratio of 10.99 and a beta of 0.12. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.01 and a one year high of $49.05. The business has a fifty day moving average price of $47.41 and a 200-day moving average price of $48.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.1777 per share. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1742. This represents a $2.13 annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Monday, November 2nd.

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.