iShares Core 1-5 Year USD Bond ETF $ISTB is Alexander Randolph Advisory Inc.’s 2nd Largest Position

Alexander Randolph Advisory Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 13.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 284,969 shares of the company’s stock after acquiring an additional 34,478 shares during the period. iShares Core 1-5 Year USD Bond ETF makes up approximately 11.5% of Alexander Randolph Advisory Inc.’s investment portfolio, making the stock its 2nd largest position. Alexander Randolph Advisory Inc. owned about 0.30% of iShares Core 1-5 Year USD Bond ETF worth $13,918,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ISTB. Horizon Family Wealth Inc. increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 2.0% in the third quarter. Horizon Family Wealth Inc. now owns 38,239 shares of the company’s stock valued at $1,868,000 after purchasing an additional 740 shares during the last quarter. Crestwood Advisors Group LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 543.6% during the third quarter. Crestwood Advisors Group LLC now owns 116,824 shares of the company’s stock worth $5,706,000 after buying an additional 98,672 shares during the last quarter. Rothschild Investment LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 41.8% in the 3rd quarter. Rothschild Investment LLC now owns 1,695 shares of the company’s stock valued at $83,000 after buying an additional 500 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 7.1% in the 3rd quarter. HighTower Advisors LLC now owns 115,955 shares of the company’s stock worth $5,663,000 after acquiring an additional 7,668 shares during the last quarter. Finally, Assetmark Inc. increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 37.7% in the 3rd quarter. Assetmark Inc. now owns 2,407 shares of the company’s stock worth $118,000 after acquiring an additional 659 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.0%

Shares of ISTB stock opened at $48.92 on Friday. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $47.77 and a twelve month high of $48.99. The company’s 50-day moving average price is $48.79 and its 200-day moving average price is $48.79. The stock has a market cap of $4.77 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.1724 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Monday, February 2nd. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17.

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.