IHT Wealth Management LLC Invests $210,000 in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

IHT Wealth Management LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the 3rd quarter, Holdings Channel reports. The fund purchased 4,321 shares of the company’s stock, valued at approximately $210,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. ORG Partners LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF during the second quarter worth about $30,000. Larson Financial Group LLC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 386.5% in the 2nd quarter. Larson Financial Group LLC now owns 1,012 shares of the company’s stock valued at $48,000 after buying an additional 804 shares during the last quarter. Bogart Wealth LLC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 40.7% in the 3rd quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock valued at $48,000 after buying an additional 287 shares during the last quarter. Rothschild Investment LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the second quarter valued at $57,000. Finally, Family Firm Inc. acquired a new position in iShares Core 1-5 Year USD Bond ETF during the second quarter worth $68,000.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB stock opened at $48.04 on Wednesday. The company has a fifty day moving average price of $48.06 and a two-hundred day moving average price of $47.95. iShares Core 1-5 Year USD Bond ETF has a one year low of $46.65 and a one year high of $48.75. The stock has a market cap of $4.09 billion, a P/E ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were paid a $0.1635 dividend. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous dividend of $0.16. The ex-dividend date was Monday, December 2nd.

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.