iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Position Boosted by Golden State Wealth Management LLC

Golden State Wealth Management LLC boosted its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 100.6% in the first quarter, HoldingsChannel.com reports. The firm owned 1,358 shares of the company’s stock after purchasing an additional 681 shares during the quarter. Golden State Wealth Management LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $66,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth approximately $34,000. NBC Securities Inc. lifted its position in iShares Core 1-5 Year USD Bond ETF by 75,900.0% in the first quarter. NBC Securities Inc. now owns 760 shares of the company’s stock worth $36,000 after purchasing an additional 759 shares during the period. BNP Paribas Financial Markets acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth approximately $46,000. Farther Finance Advisors LLC lifted its position in iShares Core 1-5 Year USD Bond ETF by 223.4% in the first quarter. Farther Finance Advisors LLC now owns 1,258 shares of the company’s stock worth $61,000 after purchasing an additional 869 shares during the period. Finally, Burkett Financial Services LLC lifted its position in iShares Core 1-5 Year USD Bond ETF by 115.4% in the first quarter. Burkett Financial Services LLC now owns 2,141 shares of the company’s stock worth $104,000 after purchasing an additional 1,147 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

ISTB opened at $48.65 on Tuesday. The company has a market capitalization of $4.54 billion, a price-to-earnings ratio of 10.99 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $47.16 and a 1-year high of $48.75. The business has a 50 day moving average price of $48.29 and a two-hundred day moving average price of $48.09.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a $0.1705 dividend. This represents a $2.05 dividend on an annualized basis and a yield of 4.21%. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.16. The ex-dividend date was Monday, June 2nd.

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.