Samalin Investment Counsel LLC Buys New Holdings in iShares Core 1-5 Year USD Bond ETF $ISTB

Samalin Investment Counsel LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 112,604 shares of the company’s stock, valued at approximately $5,321,000. iShares Core 1-5 Year USD Bond ETF makes up about 1.6% of Samalin Investment Counsel LLC’s investment portfolio, making the stock its 8th largest holding. Samalin Investment Counsel LLC owned 0.10% of iShares Core 1-5 Year USD Bond ETF as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in ISTB. Apella Capital LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 35.4% in the 3rd quarter. Apella Capital LLC now owns 1,469,742 shares of the company’s stock worth $69,372,000 after purchasing an additional 384,056 shares during the period. Financial Solutions Advisory Group Inc. bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the first quarter valued at approximately $57,365,000. Prosperity Planning Inc. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.0% during the third quarter. Prosperity Planning Inc. now owns 1,164,033 shares of the company’s stock valued at $55,001,000 after buying an additional 65,781 shares during the last quarter. Cahaba Wealth Management Inc. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.0% during the first quarter. Cahaba Wealth Management Inc. now owns 1,128,804 shares of the company’s stock valued at $54,702,000 after buying an additional 64,238 shares during the last quarter. Finally, MBL Wealth LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 5.8% in the third quarter. MBL Wealth LLC now owns 925,403 shares of the company’s stock worth $43,725,000 after buying an additional 50,587 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock opened at $47.44 on Monday. The company’s fifty day moving average price is $47.55 and its 200-day moving average price is $47.97. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.01 and a one year high of $49.05. The company has a market capitalization of $5.34 billion, a PE ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.1772 dividend. This represents a $2.13 annualized dividend and a yield of 4.5%. The ex-dividend date was Tuesday, September 1st. This is an increase 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.