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

Alexander Randolph Advisory Inc. lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 13.8% during the third quarter, Holdings Channel reports. 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 comprises 11.5% of Alexander Randolph Advisory Inc.’s investment portfolio, making the stock its 2nd largest position. Alexander Randolph Advisory Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $13,918,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CoreCap Advisors LLC increased its holdings in iShares Core 1-5 Year USD Bond ETF by 174.1% during the 3rd quarter. CoreCap Advisors LLC now owns 721 shares of the company’s stock worth $35,000 after purchasing an additional 458 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the second quarter worth about $37,000. Rothschild Investment LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 41.8% during the third quarter. Rothschild Investment LLC now owns 1,695 shares of the company’s stock worth $83,000 after buying an additional 500 shares in the last quarter. Assetmark Inc. increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1,394.0% during the second quarter. Assetmark Inc. now owns 1,748 shares of the company’s stock worth $85,000 after buying an additional 1,631 shares during the period. Finally, Bfsg LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 7.4% in the third quarter. Bfsg LLC now owns 3,196 shares of the company’s stock valued at $156,000 after acquiring an additional 219 shares in the last quarter.

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

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $48.92 on Friday. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.77 and a 52-week high of $48.99. The company has a market capitalization of $4.77 billion, a P/E ratio of 10.99 and a beta of 0.11. The company has a 50 day moving average of $48.79 and a 200 day moving average of $48.79.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1724 per share. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.