Apella Capital LLC Boosts Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Apella Capital LLC raised its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 35.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,469,742 shares of the company’s stock after purchasing an additional 384,056 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for approximately 0.9% of Apella Capital LLC’s holdings, making the stock its 27th biggest holding. Apella Capital LLC owned 1.36% of iShares Core 1-5 Year USD Bond ETF worth $69,372,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. State of Wisconsin Investment Board raised its stake in iShares Core 1-5 Year USD Bond ETF by 1.4% during the fourth quarter. State of Wisconsin Investment Board now owns 5,312,625 shares of the company’s stock valued at $258,990,000 after buying an additional 71,400 shares in the last quarter. SHP Wealth Management acquired a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth $70,668,000. Financial Solutions Advisory Group Inc. bought a new stake in iShares Core 1-5 Year USD Bond ETF during the first quarter valued at $57,365,000. Cahaba Wealth Management Inc. increased its stake in iShares Core 1-5 Year USD Bond ETF by 6.0% during the first quarter. Cahaba Wealth Management Inc. now owns 1,128,804 shares of the company’s stock valued at $54,702,000 after purchasing an additional 64,238 shares during the last quarter. Finally, Prosperity Planning Inc. raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 7.9% during the second quarter. Prosperity Planning Inc. now owns 1,098,252 shares of the company’s stock worth $52,991,000 after purchasing an additional 80,407 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ ISTB traded up $0.03 during midday trading on Thursday, hitting $47.23. The company’s stock had a trading volume of 142,259 shares, compared to its average volume of 504,455. 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’s fifty day moving average price is $47.72 and its 200-day moving average price is $48.06. The firm has a market cap of $5.11 billion, a P/E ratio of 10.99 and a beta of 0.11.

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. Shareholders of record on Tuesday, September 1st were paid a $0.1772 dividend. 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. This represents a $2.13 dividend on an annualized basis and a yield of 4.5%.

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.