PNC Financial Services Group Inc. Purchases 3,485 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

PNC Financial Services Group Inc. lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 4.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 78,866 shares of the company’s stock after purchasing an additional 3,485 shares during the quarter. PNC Financial Services Group Inc. owned 0.09% of iShares Core 1-5 Year USD Bond ETF worth $3,839,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ISTB. ORG Partners LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 2nd quarter valued at $30,000. Larson Financial Group LLC grew its position in iShares Core 1-5 Year USD Bond ETF by 386.5% during the second quarter. Larson Financial Group LLC now owns 1,012 shares of the company’s stock worth $48,000 after buying an additional 804 shares in the last quarter. Bogart Wealth LLC grew its position in iShares Core 1-5 Year USD Bond ETF by 40.7% during the third quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock worth $48,000 after buying an additional 287 shares in the last quarter. Rothschild Investment LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF during the second quarter worth about $57,000. Finally, Family Firm Inc. purchased a new position in iShares Core 1-5 Year USD Bond ETF during the second quarter worth about $68,000.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.0 %

iShares Core 1-5 Year USD Bond ETF stock opened at $47.86 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 business has a 50-day simple moving average of $48.21 and a 200 day simple moving average of $47.89. The stock has a market cap of $4.08 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 announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.1594 per share. This represents a $1.91 annualized dividend and a 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 was Friday, November 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.