National Bank of Canada FI Increases Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

National Bank of Canada FI lifted its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 20.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,959 shares of the company’s stock after buying an additional 2,896 shares during the period. National Bank of Canada FI’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $810,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of ISTB. C M Bidwell & Associates Ltd. increased its stake in iShares Core 1-5 Year USD Bond ETF by 6.1% in the 4th quarter. C M Bidwell & Associates Ltd. now owns 95,998 shares of the company’s stock worth $4,586,000 after purchasing an additional 5,518 shares during the period. Joseph Group Capital Management increased its stake in iShares Core 1-5 Year USD Bond ETF by 16.9% in the 4th quarter. Joseph Group Capital Management now owns 50,318 shares of the company’s stock worth $2,404,000 after purchasing an additional 7,278 shares during the period. Life Planning Partners Inc purchased a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth approximately $5,493,000. Michael A. Dubis Financial Planning LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth approximately $880,000. Finally, JPMorgan Chase & Co. increased its stake in iShares Core 1-5 Year USD Bond ETF by 9.4% in the 4th quarter. JPMorgan Chase & Co. now owns 766,731 shares of the company’s stock worth $36,627,000 after purchasing an additional 65,969 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $48.09 on Thursday. The business’s 50 day simple moving average is $48.11 and its two-hundred day simple moving average is $48.03. The stock has a market capitalization of $4.34 billion, a P/E ratio of 10.96 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a one year low of $46.65 and a one year high of $48.75.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were paid a dividend of $0.166 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.16. This represents a $1.99 annualized dividend and a dividend yield of 4.14%.

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.