iShares Core 1-5 Year USD Bond ETF $ISTB Shares Acquired by Independence Financial Advisors LLC

by · The Cerbat Gem

Independence Financial Advisors LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB – Free Report) by 1.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 271,837 shares of the company’s stock after purchasing an additional 3,032 shares during the quarter. iShares Core 1-5 Year USD Bond ETF comprises about 5.1% of Independence Financial Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Independence Financial Advisors LLC owned about 0.30% of iShares Core 1-5 Year USD Bond ETF worth $13,225,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cullen Frost Bankers Inc. increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 762.5% in the 1st quarter. Cullen Frost Bankers Inc. now owns 690 shares of the company’s stock valued at $33,000 after acquiring an additional 610 shares during the last quarter. Assetmark Inc. boosted its stake in iShares Core 1-5 Year USD Bond ETF by 1,394.0% during the 2nd quarter. Assetmark Inc. now owns 1,748 shares of the company’s stock worth $85,000 after acquiring an additional 1,631 shares during the last quarter. Parallel Advisors LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 3,024.7% during the second quarter. Parallel Advisors LLC now owns 2,656 shares of the company’s stock valued at $129,000 after purchasing an additional 2,571 shares during the period. Rice Partnership LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF in the second quarter valued at approximately $185,000. Finally, Summa Corp. bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the second quarter worth $204,000.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.1%

Shares of ISTB stock opened at $48.71 on Friday. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $47.57 and a 12-month high of $48.99. The firm has a fifty day moving average of $48.83 and a 200-day moving average of $48.57. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were issued a $0.172 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date was Monday, November 3rd.

iShares Core 1-5 Year USD Bond ETF Company Profile

(Free Report)

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.

See Also

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