Nwam LLC Acquires New Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Nwam LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 27,357 shares of the company’s stock, valued at approximately $1,332,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rothschild Investment LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the second quarter worth $57,000. NewEdge Advisors LLC boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 26.7% during the 2nd quarter. NewEdge Advisors LLC now owns 28,857 shares of the company’s stock worth $1,367,000 after buying an additional 6,090 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 8.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 218,033 shares of the company’s stock valued at $10,328,000 after acquiring an additional 16,622 shares in the last quarter. Founders Financial Securities LLC grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 4.9% in the 2nd quarter. Founders Financial Securities LLC now owns 287,235 shares of the company’s stock valued at $13,606,000 after acquiring an additional 13,418 shares in the last quarter. Finally, Choreo LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 51.2% in the second quarter. Choreo LLC now owns 10,669 shares of the company’s stock valued at $503,000 after acquiring an additional 3,611 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.0 %

NASDAQ ISTB opened at $47.86 on Friday. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $46.59 and a 12 month high of $48.75. The stock has a 50 day moving average of $48.21 and a 200-day moving average of $47.88. The company has a market cap of $4.08 billion, a PE ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.1594 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.91 dividend on an annualized basis and a yield of 4.00%. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15.

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.