Clune & Associates LTD. Purchases 21,938 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Clune & Associates LTD. grew its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 14.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 171,658 shares of the company’s stock after buying an additional 21,938 shares during the period. iShares Core 1-5 Year USD Bond ETF makes up 2.1% of Clune & Associates LTD.’s portfolio, making the stock its 12th largest position. Clune & Associates LTD. owned approximately 0.18% of iShares Core 1-5 Year USD Bond ETF worth $8,384,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in ISTB. Ieq Capital LLC bought a new position in iShares Core 1-5 Year USD Bond ETF during the first quarter worth about $532,000. MAI Capital Management raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.3% during the first quarter. MAI Capital Management now owns 13,550 shares of the company’s stock worth $655,000 after purchasing an additional 804 shares during the period. 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 purchasing an additional 244,395 shares in the last quarter. Focus Partners Advisor Solutions LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 61.5% during the 1st quarter. Focus Partners Advisor Solutions LLC now owns 71,697 shares of the company’s stock valued at $3,467,000 after purchasing an additional 27,310 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 31.9% in the 1st quarter. NewEdge Advisors LLC now owns 50,967 shares of the company’s stock valued at $2,464,000 after purchasing an additional 12,326 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ ISTB opened at $48.74 on Friday. The stock has a market cap of $4.63 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. The business has a 50 day simple moving average of $48.80 and a 200 day simple moving average of $48.69. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.57 and a 52-week high of $48.99.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.1699 per share. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

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.