Opal Wealth Advisors LLC Purchases 28,069 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Opal Wealth Advisors LLC grew its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 8.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 368,660 shares of the company’s stock after purchasing an additional 28,069 shares during the quarter. iShares Core 1-5 Year USD Bond ETF comprises approximately 5.5% of Opal Wealth Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Opal Wealth Advisors LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $17,825,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 5.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 63,694 shares of the company’s stock valued at $3,080,000 after purchasing an additional 3,153 shares during the last quarter. Goldstone Financial Group LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.0% in the first quarter. Goldstone Financial Group LLC now owns 61,294 shares of the company’s stock valued at $2,964,000 after purchasing an additional 2,343 shares during the last quarter. Baker Ellis Asset Management LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 16.9% in the first quarter. Baker Ellis Asset Management LLC now owns 125,700 shares of the company’s stock valued at $6,078,000 after purchasing an additional 18,197 shares during the last quarter. Fiduciary Advisors Inc. grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 5.5% in the first quarter. Fiduciary Advisors Inc. now owns 174,720 shares of the company’s stock valued at $8,448,000 after purchasing an additional 9,079 shares during the last quarter. Finally, CX Institutional acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF in the first quarter valued at approximately $115,000.

iShares Core 1-5 Year USD Bond ETF Trading Down 0.2%

iShares Core 1-5 Year USD Bond ETF stock opened at $48.25 on Friday. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $47.16 and a 12 month high of $48.75. The stock’s 50 day moving average is $48.22 and its 200-day moving average is $48.06. The company has a market capitalization of $4.51 billion, a price-to-earnings ratio of 10.99 and a beta of 0.07.

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. Investors of record on Monday, June 2nd were paid a $0.1705 dividend. This is a boost 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 dividend yield of 4.24%. The ex-dividend date of this dividend was Monday, June 2nd.

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.