Family Firm Inc. Makes New Investment in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Family Firm Inc. bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,431 shares of the company’s stock, valued at approximately $68,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC bought a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $567,000. Signaturefd LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth about $63,000. CWM LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 6.1% during the 4th quarter. CWM LLC now owns 15,713 shares of the company’s stock valued at $747,000 after buying an additional 906 shares in the last quarter. Bfsg LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at about $114,000. Finally, Spinnaker Trust boosted its position in iShares Core 1-5 Year USD Bond ETF by 3,449.7% in the 4th quarter. Spinnaker Trust now owns 1,210,386 shares of the company’s stock valued at $57,566,000 after buying an additional 1,176,288 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB stock opened at $48.38 on Friday. The company has a market capitalization of $4.18 billion, a P/E ratio of 16.72 and a beta of 0.07. The company’s 50-day simple moving average is $47.76 and its two-hundred day simple moving average is $47.40. iShares Core 1-5 Year USD Bond ETF has a one year low of $45.37 and a one year high of $48.38.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were paid a $0.1549 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $1.86 annualized dividend and a yield of 3.84%. 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.