Fiduciary Advisors Inc. Buys 33,844 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Fiduciary Advisors Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 12.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 304,819 shares of the company’s stock after purchasing an additional 33,844 shares during the period. iShares Core 1-5 Year USD Bond ETF comprises 9.5% of Fiduciary Advisors Inc.’s investment portfolio, making the stock its 3rd biggest position. Fiduciary Advisors Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $14,403,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of ISTB. McKinley Carter Wealth Services Inc. acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the third quarter worth about $704,000. TD Waterhouse Canada Inc. raised its position in iShares Core 1-5 Year USD Bond ETF by 18.2% during the third quarter. TD Waterhouse Canada Inc. now owns 20,456 shares of the company’s stock valued at $964,000 after acquiring an additional 3,155 shares in the last quarter. Opal Wealth Advisors LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 7.4% during the third quarter. Opal Wealth Advisors LLC now owns 445,565 shares of the company’s stock valued at $21,053,000 after acquiring an additional 30,636 shares in the last quarter. Maryland Capital Advisors Inc. raised its position in iShares Core 1-5 Year USD Bond ETF by 10.6% during the third quarter. Maryland Capital Advisors Inc. now owns 176,015 shares of the company’s stock valued at $8,317,000 after acquiring an additional 16,878 shares in the last quarter. Finally, Mather Group LLC. acquired a new position in iShares Core 1-5 Year USD Bond ETF in the third quarter valued at approximately $3,544,000.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.1%

Shares of NASDAQ:ISTB opened at $47.35 on Friday. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $47.01 and a 12-month high of $49.05. The company has a market capitalization of $5.27 billion, a PE ratio of 10.99 and a beta of 0.11. The business has a 50 day moving average of $47.61 and a two-hundred day moving average of $48.01.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.1772 per share. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1743. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $2.13 annualized dividend and a dividend 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.