Wealth Enhancement Advisory Services LLC Purchases 8,650 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Wealth Enhancement Advisory Services LLC raised its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 21.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 49,220 shares of the company’s stock after acquiring an additional 8,650 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.06% of iShares Core 1-5 Year USD Bond ETF worth $2,335,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Spinnaker Trust increased its position in iShares Core 1-5 Year USD Bond ETF by 3,449.7% in the fourth quarter. Spinnaker Trust now owns 1,210,386 shares of the company’s stock worth $57,566,000 after buying an additional 1,176,288 shares in the last quarter. Raymond James & Associates increased its position in iShares Core 1-5 Year USD Bond ETF by 7.6% in the fourth quarter. Raymond James & Associates now owns 1,161,463 shares of the company’s stock worth $55,239,000 after buying an additional 82,192 shares in the last quarter. Townsend & Associates Inc increased its position in iShares Core 1-5 Year USD Bond ETF by 81.0% in the fourth quarter. Townsend & Associates Inc now owns 924,206 shares of the company’s stock worth $43,854,000 after buying an additional 413,561 shares in the last quarter. Cahaba Wealth Management Inc. increased its position in iShares Core 1-5 Year USD Bond ETF by 5.4% in the fourth quarter. Cahaba Wealth Management Inc. now owns 718,464 shares of the company’s stock worth $34,170,000 after buying an additional 36,499 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth about $26,964,000.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.3 %

Shares of ISTB opened at $47.36 on Friday. The business has a 50-day simple moving average of $47.22 and a two-hundred day simple moving average of $47.30. The stock has a market cap of $4.06 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $45.37 and a 52 week high of $48.32.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be given a dividend of $0.1508 per share. This represents a $1.81 annualized dividend and a dividend yield of 3.82%. The ex-dividend date is Monday, July 1st.

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.