GM Advisory Group LLC Purchases Shares of 12,315 iShares Core 1-5 Year USD Bond ETF $ISTB

GM Advisory Group LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,315 shares of the company’s stock, valued at approximately $595,000.

Several other institutional investors have also recently modified their holdings of the stock. NewEdge Advisors LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 53.8% during the 4th quarter. NewEdge Advisors LLC now owns 38,641 shares of the company’s stock valued at $1,846,000 after buying an additional 13,514 shares during the last quarter. MML Investors Services LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.2% in the fourth quarter. MML Investors Services LLC now owns 128,197 shares of the company’s stock valued at $6,124,000 after acquiring an additional 5,162 shares in the last quarter. TD Waterhouse Canada Inc. boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 35.0% during the fourth quarter. TD Waterhouse Canada Inc. now owns 11,463 shares of the company’s stock valued at $547,000 after acquiring an additional 2,974 shares during the last quarter. OneDigital Investment Advisors LLC boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 2.3% during the fourth quarter. OneDigital Investment Advisors LLC now owns 69,275 shares of the company’s stock valued at $3,309,000 after acquiring an additional 1,582 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 9.2% during the 4th quarter. Integrated Wealth Concepts LLC now owns 17,052 shares of the company’s stock worth $815,000 after purchasing an additional 1,441 shares in the last quarter.

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

NASDAQ:ISTB opened at $48.67 on Thursday. The firm has a market cap of $4.44 billion, a price-to-earnings ratio of 10.99 and a beta of 0.07. The company’s 50-day moving average is $48.48 and its two-hundred day moving average is $48.27. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $47.57 and a 12-month high of $48.75.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 6th. Investors of record on Friday, August 1st were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, August 1st. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a dividend yield of 4.2%.

About iShares Core 1-5 Year USD Bond ETF

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.