DORVAL Corp Has $14.86 Million Stock Position in iShares Core 1-5 Year USD Bond ETF $ISTB

DORVAL Corp boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 5.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 304,234 shares of the company’s stock after purchasing an additional 15,214 shares during the quarter. iShares Core 1-5 Year USD Bond ETF comprises 4.9% of DORVAL Corp’s holdings, making the stock its 9th largest holding. DORVAL Corp owned 0.32% of iShares Core 1-5 Year USD Bond ETF worth $14,859,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 100.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 165,118 shares of the company’s stock valued at $7,983,000 after buying an additional 82,911 shares in the last quarter. Jane Street Group LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the first quarter valued at approximately $1,681,000. Parallel Advisors LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 3,024.7% in the second quarter. Parallel Advisors LLC now owns 2,656 shares of the company’s stock valued at $129,000 after acquiring an additional 2,571 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 405.5% in the second quarter. Farther Finance Advisors LLC now owns 6,359 shares of the company’s stock worth $309,000 after purchasing an additional 5,101 shares during the last quarter. Finally, Opal Wealth Advisors LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 3.8% in the second quarter. Opal Wealth Advisors LLC now owns 382,554 shares of the company’s stock worth $18,611,000 after purchasing an additional 13,894 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Down 0.1%

Shares of ISTB opened at $48.70 on Wednesday. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $47.73 and a 12 month high of $48.99. The stock has a fifty day moving average price of $48.77 and a 200-day moving average price of $48.73. The firm has a market cap of $4.70 billion, a PE ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.1699 dividend. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

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.