Factor Wealth Management LTD Raises Stock Holdings in iShares Core 1-5 Year USD Bond ETF $ISTB

Factor Wealth Management LTD increased its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 36.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 274,123 shares of the company’s stock after purchasing an additional 72,728 shares during the period. iShares Core 1-5 Year USD Bond ETF makes up approximately 2.5% of Factor Wealth Management LTD’s portfolio, making the stock its 12th biggest holding. Factor Wealth Management LTD owned approximately 0.28% of iShares Core 1-5 Year USD Bond ETF worth $13,284,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Goldman Sachs Group Inc. grew its stake in 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 worth $7,983,000 after buying an additional 82,911 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 1st quarter valued at $1,681,000. NewEdge Advisors LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 13.4% during the 2nd quarter. NewEdge Advisors LLC now owns 57,776 shares of the company’s stock valued at $2,811,000 after buying an additional 6,809 shares in the last quarter. Betterment LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 6.8% during the 2nd quarter. Betterment LLC now owns 39,922 shares of the company’s stock worth $1,942,000 after acquiring an additional 2,550 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 60.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 513,291 shares of the company’s stock worth $24,979,000 after acquiring an additional 192,418 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ:ISTB opened at $48.22 on Thursday. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $48.02 and a 52-week high of $49.05. The firm has a fifty day moving average of $48.28 and a 200 day moving average of $48.55. The firm has a market capitalization of $4.73 billion, a PE ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.172 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.3%.

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.