iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Shares Purchased by Wescott Financial Advisory Group LLC

Wescott Financial Advisory Group LLC boosted its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 7.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 151,810 shares of the company’s stock after purchasing an additional 10,526 shares during the period. iShares Core 1-5 Year USD Bond ETF comprises approximately 0.8% of Wescott Financial Advisory Group LLC’s holdings, making the stock its 24th largest position. Wescott Financial Advisory Group LLC owned about 0.18% of iShares Core 1-5 Year USD Bond ETF worth $7,390,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in ISTB. Rothschild Investment LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 2nd quarter worth approximately $57,000. NewEdge Advisors LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 26.7% during the 2nd quarter. NewEdge Advisors LLC now owns 28,857 shares of the company’s stock worth $1,367,000 after purchasing an additional 6,090 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 8.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 218,033 shares of the company’s stock worth $10,328,000 after purchasing an additional 16,622 shares in the last quarter. Founders Financial Securities LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 4.9% during the 2nd quarter. Founders Financial Securities LLC now owns 287,235 shares of the company’s stock worth $13,606,000 after purchasing an additional 13,418 shares in the last quarter. Finally, Choreo LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 51.2% during the 2nd quarter. Choreo LLC now owns 10,669 shares of the company’s stock worth $503,000 after purchasing an additional 3,611 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock opened at $47.86 on Friday. The stock has a market capitalization of $4.08 billion, a P/E ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a one year low of $46.59 and a one year high of $48.75. The company has a 50 day moving average price of $48.21 and a two-hundred day moving average price of $47.88.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.1594 dividend. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15. This represents a $1.91 annualized dividend and a yield of 4.00%. The ex-dividend date of this dividend was Friday, November 1st.

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.