NewEdge Advisors LLC Purchases 20,485 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

NewEdge Advisors LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 45.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 65,868 shares of the company’s stock after purchasing an additional 20,485 shares during the period. NewEdge Advisors LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $3,192,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Financial Solutions Advisory Group Inc. bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the first quarter worth approximately $57,365,000. TrueWealth Financial Partners bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 1st quarter valued at $316,000. Rockbridge Investment Management LCC lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 0.9% during the 1st quarter. Rockbridge Investment Management LCC now owns 35,375 shares of the company’s stock valued at $1,714,000 after buying an additional 304 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.7% during the 1st quarter. Cetera Investment Advisers now owns 181,760 shares of the company’s stock valued at $8,808,000 after buying an additional 3,112 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 4.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 54,351 shares of the company’s stock valued at $2,634,000 after buying an additional 2,132 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $48.01 on Thursday. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $47.88 and a fifty-two week high of $49.05. The company has a market capitalization of $5.13 billion, a P/E ratio of 10.99 and a beta of 0.11. The company has a fifty day moving average of $48.08 and a 200 day moving average of $48.37.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a $0.1743 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

iShares Core 1-5 Year USD Bond ETF 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.