MidAtlantic Capital Management Inc. Makes New $266,000 Investment in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,471 shares of the company’s stock, valued at approximately $266,000.

Several other hedge funds have also made changes to their positions in the business. Thrivent Financial for Lutherans boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 6.5% during the third quarter. Thrivent Financial for Lutherans now owns 232,104 shares of the company’s stock worth $11,299,000 after purchasing an additional 14,071 shares during the last quarter. BCGM Wealth Management LLC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 3.6% during the third quarter. BCGM Wealth Management LLC now owns 81,597 shares of the company’s stock worth $3,972,000 after purchasing an additional 2,818 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 15.0% during the third quarter. Oppenheimer & Co. Inc. now owns 28,741 shares of the company’s stock worth $1,399,000 after purchasing an additional 3,747 shares during the last quarter. Empower Advisory Group LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the third quarter worth $247,000. Finally, Aptus Capital Advisors LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the third quarter worth $1,356,000.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.1 %

ISTB stock opened at $47.82 on Monday. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $46.59 and a 52-week high of $48.75. The stock’s fifty day simple moving average is $48.28 and its 200-day simple moving average is $47.86. The stock has a market capitalization of $4.07 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.1594 per share. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.91 annualized dividend and a dividend yield of 4.00%.

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.