Courage Miller Partners LLC Makes New Investment in iShares Core 1-5 Year USD Bond ETF $ISTB

Courage Miller Partners LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 607,233 shares of the company’s stock, valued at approximately $28,692,000. iShares Core 1-5 Year USD Bond ETF comprises approximately 7.6% of Courage Miller Partners LLC’s portfolio, making the stock its 3rd largest holding.

Several other large investors also recently modified their holdings of ISTB. Turtle Creek Wealth Advisors LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the first quarter valued at $44,000. IFP Advisors Inc increased its holdings in iShares Core 1-5 Year USD Bond ETF by 154.2% during the 2nd quarter. IFP Advisors Inc now owns 1,253 shares of the company’s stock valued at $60,000 after purchasing an additional 760 shares in the last quarter. Burkett Financial Services LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 166.0% in the second quarter. Burkett Financial Services LLC now owns 2,399 shares of the company’s stock valued at $116,000 after buying an additional 1,497 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 35.6% in the first quarter. Parallel Advisors LLC now owns 3,603 shares of the company’s stock worth $175,000 after acquiring an additional 945 shares during the last quarter. Finally, Dagco Inc. grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 85.9% during the first quarter. Dagco Inc. now owns 3,700 shares of the company’s stock valued at $179,000 after purchasing an additional 1,710 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB opened at $47.30 on Thursday. The stock’s fifty day simple moving average is $47.57 and its 200-day simple moving average is $47.98. The firm has a market capitalization of $5.29 billion, a PE ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $47.01 and a 12-month high of $49.05.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a dividend of $0.1772 per share. This represents a $2.13 annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Tuesday, September 1st. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1743.

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.