Factor Wealth Management LTD Purchases 72,728 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Factor Wealth Management LTD boosted its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 36.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 274,123 shares of the company’s stock after buying an additional 72,728 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up approximately 2.5% of Factor Wealth Management LTD’s portfolio, making the stock its 12th biggest position. Factor Wealth Management LTD’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $13,284,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of ISTB. Goldman Sachs Group Inc. raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 100.9% during the first quarter. Goldman Sachs Group Inc. now owns 165,118 shares of the company’s stock worth $7,983,000 after acquiring an additional 82,911 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter worth approximately $1,681,000. NewEdge Advisors LLC boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 13.4% in the 2nd quarter. NewEdge Advisors LLC now owns 57,776 shares of the company’s stock valued at $2,811,000 after purchasing an additional 6,809 shares in the last quarter. Betterment LLC boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 6.8% in the 2nd quarter. Betterment LLC now owns 39,922 shares of the company’s stock valued at $1,942,000 after purchasing an additional 2,550 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 60.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 513,291 shares of the company’s stock valued at $24,979,000 after purchasing an additional 192,418 shares during the last quarter.

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

Shares of NASDAQ:ISTB opened at $48.22 on Thursday. The stock has a market cap of $4.73 billion, a PE ratio of 10.99 and a beta of 0.11. The company’s fifty day moving average is $48.28 and its 200 day moving average is $48.55. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $48.02 and a 52 week high of $49.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.172 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, June 1st.

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.