iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Stake Raised by MBL Wealth LLC

MBL Wealth LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 2.6% in the second quarter, Holdings Channel reports. The institutional investor owned 678,022 shares of the company’s stock after acquiring an additional 16,989 shares during the quarter. iShares Core 1-5 Year USD Bond ETF accounts for 3.6% of MBL Wealth LLC’s holdings, making the stock its 5th largest holding. MBL Wealth LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $32,118,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ISTB. Oak Harbor Wealth Partners LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 3.4% during the 2nd quarter. Oak Harbor Wealth Partners LLC now owns 6,599 shares of the company’s stock worth $313,000 after buying an additional 220 shares in the last quarter. Quad Cities Investment Group LLC raised its stake in iShares Core 1-5 Year USD Bond ETF by 1.6% in the 1st quarter. Quad Cities Investment Group LLC now owns 16,460 shares of the company’s stock valued at $781,000 after purchasing an additional 263 shares during the last quarter. Hudson Capital Management LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 4.5% in the 1st quarter. Hudson Capital Management LLC now owns 7,256 shares of the company’s stock valued at $344,000 after purchasing an additional 312 shares in the last quarter. Maltin Wealth Management Inc. boosted its stake in iShares Core 1-5 Year USD Bond ETF by 1.7% during the 1st quarter. Maltin Wealth Management Inc. now owns 19,215 shares of the company’s stock worth $912,000 after purchasing an additional 314 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 36.6% during the fourth quarter. Concourse Financial Group Securities Inc. now owns 1,504 shares of the company’s stock worth $72,000 after buying an additional 403 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ:ISTB traded up $0.09 during midday trading on Friday, hitting $48.17. The company’s stock had a trading volume of 208,200 shares, compared to its average volume of 411,097. The company has a market cap of $4.17 billion, a P/E ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $45.37 and a 12-month high of $48.32. The business’s 50 day simple moving average is $47.67 and its 200 day simple moving average is $47.38.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were paid a $0.1549 dividend. This represents a $1.86 dividend on an annualized basis and a yield of 3.86%. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Thursday, August 1st.

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.