Wescott Financial Advisory Group LLC Raises Stock Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Wescott Financial Advisory Group LLC grew its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 8.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 197,582 shares of the company’s stock after buying an additional 14,722 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for approximately 0.9% of Wescott Financial Advisory Group LLC’s investment portfolio, making the stock its 25th largest position. Wescott Financial Advisory Group LLC owned 0.21% of iShares Core 1-5 Year USD Bond ETF worth $9,650,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CoreCap Advisors LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 174.1% in the third quarter. CoreCap Advisors LLC now owns 721 shares of the company’s stock valued at $35,000 after acquiring an additional 458 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the second quarter valued at $37,000. Assetmark Inc. lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1,394.0% in the 2nd quarter. Assetmark Inc. now owns 1,748 shares of the company’s stock valued at $85,000 after purchasing an additional 1,631 shares during the last quarter. Bfsg LLC lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 7.4% in the 3rd quarter. Bfsg LLC now owns 3,196 shares of the company’s stock valued at $156,000 after purchasing an additional 219 shares during the last quarter. Finally, WealthShield Partners LLC grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 19.0% during the 2nd quarter. WealthShield Partners LLC now owns 3,901 shares of the company’s stock worth $190,000 after purchasing an additional 622 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ:ISTB opened at $48.79 on Friday. The company has a market capitalization of $4.76 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $47.73 and a 12-month high of $48.99. The business has a 50-day moving average price of $48.76 and a 200 day moving average price of $48.76.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.1724 dividend. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.