Baker Ellis Asset Management LLC Acquires New Stake in iShares Core 1-5 Year USD Bond ETF $ISTB

Baker Ellis Asset Management LLC bought a new position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 124,790 shares of the company’s stock, valued at approximately $5,896,000.

Other institutional investors have also added to or reduced their stakes in the company. Stone Summit Wealth LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 65.3% during the third quarter. Stone Summit Wealth LLC now owns 26,785 shares of the company’s stock worth $1,266,000 after acquiring an additional 10,585 shares in the last quarter. Affinity Capital Advisors LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 20.3% in the 3rd quarter. Affinity Capital Advisors LLC now owns 5,410 shares of the company’s stock worth $256,000 after purchasing an additional 914 shares in the last quarter. Lineweaver Wealth Advisors LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 5.5% in the 3rd quarter. Lineweaver Wealth Advisors LLC now owns 63,773 shares of the company’s stock worth $3,013,000 after purchasing an additional 3,299 shares in the last quarter. JGP Wealth Management LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 2.1% during the 3rd quarter. JGP Wealth Management LLC now owns 153,148 shares of the company’s stock valued at $7,236,000 after purchasing an additional 3,083 shares in the last quarter. Finally, Prosperity Planning Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF by 6.0% in the third quarter. Prosperity Planning Inc. now owns 1,164,033 shares of the company’s stock worth $55,001,000 after buying an additional 65,781 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.0%

Shares of iShares Core 1-5 Year USD Bond ETF stock traded down $0.01 on Wednesday, reaching $47.24. The company’s stock had a trading volume of 455,215 shares, compared to its average volume of 507,094. The company has a market capitalization of $5.23 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 52 week low of $47.01 and a 52 week high of $49.05. The firm’s fifty day simple moving average is $47.66 and its two-hundred day simple moving average is $48.02.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.1772 per share. This represents a $2.13 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Tuesday, September 1st. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1743.

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.