Wealth Management Resources Inc. Purchases 15,452 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Wealth Management Resources Inc. boosted its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 5.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 311,929 shares of the company’s stock after acquiring an additional 15,452 shares during the quarter. iShares Core 1-5 Year USD Bond ETF accounts for approximately 5.5% of Wealth Management Resources Inc.’s investment portfolio, making the stock its 7th biggest position. Wealth Management Resources Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $15,082,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ISTB. Acorns Advisers LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 4.9% in the 4th quarter. Acorns Advisers LLC now owns 10,728,367 shares of the company’s stock valued at $512,494,000 after purchasing an additional 497,728 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in iShares Core 1-5 Year USD Bond ETF by 0.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,068,324 shares of the company’s stock valued at $146,574,000 after buying an additional 11,280 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at $90,759,000. Mariner LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 5.6% during the 4th quarter. Mariner LLC now owns 1,132,511 shares of the company’s stock worth $54,100,000 after buying an additional 59,977 shares during the last quarter. Finally, Cahaba Wealth Management Inc. lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 4.9% during the 4th quarter. Cahaba Wealth Management Inc. now owns 925,379 shares of the company’s stock worth $44,205,000 after buying an additional 43,176 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB opened at $48.55 on Thursday. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.16 and a one year high of $48.75. The company has a market cap of $4.53 billion, a P/E ratio of 10.99 and a beta of 0.07. The business’s 50-day simple moving average is $48.27 and its 200-day simple moving average is $48.08.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were paid a $0.1705 dividend. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.16. This represents a $2.05 annualized dividend and a yield of 4.21%. The ex-dividend date of this dividend was Monday, June 2nd.

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.