Courage Miller Partners LLC Purchases 607,233 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Courage Miller Partners LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 607,233 shares of the company’s stock, valued at approximately $28,692,000. iShares Core 1-5 Year USD Bond ETF comprises approximately 7.6% of Courage Miller Partners LLC’s portfolio, making the stock its 3rd biggest position. Courage Miller Partners LLC owned 0.54% of iShares Core 1-5 Year USD Bond ETF as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Beacon Hill Wealth Management LTD. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 2.1% during the third quarter. Beacon Hill Wealth Management LTD. now owns 21,371 shares of the company’s stock valued at $1,010,000 after buying an additional 435 shares in the last quarter. Wealth Management Resources Inc. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF in the third quarter worth $17,559,000. Bluestem Financial Advisors LLC boosted its position in iShares Core 1-5 Year USD Bond ETF by 3.4% during the third quarter. Bluestem Financial Advisors LLC now owns 95,317 shares of the company’s stock valued at $4,504,000 after purchasing an additional 3,100 shares during the last quarter. Commonwealth Financial Services LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF in the 3rd quarter worth about $626,000. Finally, Investment Research Partners LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 3rd quarter valued at about $735,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock opened at $47.30 on Thursday. 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 company has a fifty day simple moving average of $47.57 and a 200 day simple moving average of $47.98. The firm has a market cap of $5.29 billion, a PE ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were given a dividend of $0.1772 per share. 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%. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1743.

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.