22,852 iShares Core 1-5 Year USD Bond ETF $ISTB Shares Bought by Townsend & Associates Inc

Townsend & Associates Inc grew its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,263,483 shares of the company’s stock after purchasing an additional 22,852 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up approximately 5.2% of Townsend & Associates Inc’s holdings, making the stock its 2nd biggest holding. Townsend & Associates Inc’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $59,826,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Turtle Creek Wealth Advisors LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the first quarter worth about $44,000. IFP Advisors Inc increased its holdings in iShares Core 1-5 Year USD Bond ETF by 154.2% in the second quarter. IFP Advisors Inc now owns 1,253 shares of the company’s stock valued at $60,000 after buying an additional 760 shares during the last quarter. Valley National Advisers Inc. acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the third quarter valued at approximately $75,000. Burkett Financial Services LLC raised its stake in iShares Core 1-5 Year USD Bond ETF by 166.0% during the second quarter. Burkett Financial Services LLC now owns 2,399 shares of the company’s stock valued at $116,000 after buying an additional 1,497 shares in the last quarter. Finally, Parallel Advisors LLC raised its stake in iShares Core 1-5 Year USD Bond ETF by 35.6% during the first quarter. Parallel Advisors LLC now owns 3,603 shares of the company’s stock valued at $175,000 after buying an additional 945 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

NASDAQ:ISTB opened at $47.44 on Monday. The business’s 50 day moving average is $47.55 and its two-hundred day moving average is $47.97. 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 company has a market cap of $5.34 billion, a PE ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently declared 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 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.