13,255 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB Purchased by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) in the 3rd quarter, HoldingsChannel reports. The firm purchased 13,255 shares of the company’s stock, valued at approximately $626,000.

Several other large investors also recently added to or reduced their stakes in the business. Apella Capital LLC boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 35.4% in the third quarter. Apella Capital LLC now owns 1,469,742 shares of the company’s stock worth $69,372,000 after purchasing an additional 384,056 shares in the last quarter. Financial Solutions Advisory Group Inc. acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the first quarter worth $57,365,000. Prosperity Planning Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF by 6.0% in the 3rd quarter. Prosperity Planning Inc. now owns 1,164,033 shares of the company’s stock valued at $55,001,000 after buying an additional 65,781 shares during the last quarter. Cahaba Wealth Management Inc. grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.0% in 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, Bartlett & CO. Wealth Management LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 33.3% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 741,304 shares of the company’s stock valued at $35,875,000 after buying an additional 185,134 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock traded down $0.01 during midday trading on Tuesday, hitting $47.27. The company had a trading volume of 211,612 shares, compared to its average volume of 514,141. The stock has a market cap of $5.26 billion, a PE ratio of 10.99 and a beta of 0.11. 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 business’s 50 day simple moving average is $47.60 and its two-hundred day simple moving average is $48.00.

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. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.1772 per share. 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%. The ex-dividend date was Tuesday, September 1st.

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.