Parallel Advisors LLC Purchases 2,571 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Parallel Advisors LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 3,024.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,656 shares of the company’s stock after acquiring an additional 2,571 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $129,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Acorns Advisers LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 1.8% during the 1st quarter. Acorns Advisers LLC now owns 10,922,893 shares of the company’s stock valued at $528,122,000 after buying an additional 194,526 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 5.1% during the 1st quarter. Raymond James Financial Inc. now owns 1,996,862 shares of the company’s stock valued at $96,548,000 after buying an additional 96,937 shares during the period. Townsend & Associates Inc lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 6.6% during the 1st quarter. Townsend & Associates Inc now owns 1,093,148 shares of the company’s stock valued at $52,668,000 after buying an additional 67,352 shares during the period. Cahaba Wealth Management Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 4.4% during the 1st quarter. Cahaba Wealth Management Inc. now owns 965,759 shares of the company’s stock valued at $46,694,000 after buying an additional 40,380 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 40.2% during the 1st quarter. Royal Bank of Canada now owns 852,021 shares of the company’s stock valued at $41,195,000 after buying an additional 244,395 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

NASDAQ ISTB opened at $48.89 on Wednesday. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $47.57 and a 1-year high of $48.98. The business’s fifty day moving average price is $48.68 and its 200-day moving average price is $48.41. The stock has a market capitalization of $4.46 billion, a price-to-earnings ratio of 10.99 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, September 2nd were issued a $0.1709 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Tuesday, September 2nd.

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.