Raymond James & Associates Raises Stock Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Raymond James & Associates boosted its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 3.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,200,586 shares of the company’s stock after buying an additional 39,123 shares during the period. Raymond James & Associates owned approximately 1.39% of iShares Core 1-5 Year USD Bond ETF worth $56,956,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of ISTB. Charles Schwab Investment Management Inc. increased its stake in iShares Core 1-5 Year USD Bond ETF by 70.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,936,382 shares of the company’s stock worth $182,569,000 after purchasing an additional 1,631,572 shares during the period. Spinnaker Trust increased its stake in iShares Core 1-5 Year USD Bond ETF by 3,449.7% during the fourth quarter. Spinnaker Trust now owns 1,210,386 shares of the company’s stock worth $57,566,000 after purchasing an additional 1,176,288 shares during the period. International Assets Investment Management LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth about $26,964,000. Cim LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth about $21,886,000. Finally, Townsend & Associates Inc grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 81.0% during the fourth quarter. Townsend & Associates Inc now owns 924,206 shares of the company’s stock worth $43,854,000 after buying an additional 413,561 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock traded up $0.13 on Friday, reaching $47.11. 631,821 shares of the company were exchanged, compared to its average volume of 492,747. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $45.37 and a 1-year high of $48.32. The company has a market cap of $4.04 billion, a P/E ratio of 16.67 and a beta of 0.07. The stock’s 50 day moving average price is $47.18 and its 200-day moving average price is $47.11.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be given a dividend of $0.1462 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date is Wednesday, May 1st.

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.