Oppenheimer & Co. Inc. Has $1.40 Million Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Oppenheimer & Co. Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 15.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 28,741 shares of the company’s stock after purchasing an additional 3,747 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,399,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Empower Advisory Group LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 3rd quarter valued at $247,000. Aptus Capital Advisors LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 3rd quarter valued at $1,356,000. Ashton Thomas Private Wealth LLC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 3.7% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 9,169 shares of the company’s stock valued at $446,000 after purchasing an additional 326 shares in the last quarter. Mach 1 Financial Group LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 3rd quarter valued at $208,000. Finally, Sheets Smith Wealth Management lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 8.5% in the 3rd quarter. Sheets Smith Wealth Management now owns 21,130 shares of the company’s stock valued at $1,029,000 after acquiring an additional 1,655 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of ISTB opened at $47.86 on Tuesday. 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 has a market capitalization of $4.08 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The stock has a fifty day moving average of $48.26 and a 200-day moving average of $47.87.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.1594 dividend. This represents a $1.91 dividend on an annualized basis and a dividend yield of 4.00%. 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.

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.