MidAtlantic Capital Management Inc. Makes New $266,000 Investment in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the third quarter, HoldingsChannel.com reports. The fund acquired 5,471 shares of the company’s stock, valued at approximately $266,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. ORG Partners LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the second quarter worth about $30,000. Bogart Wealth LLC increased its position in shares of 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 acquiring an additional 287 shares during the last quarter. Larson Financial Group LLC increased its position in shares of 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 acquiring an additional 804 shares during the last quarter. Rothschild Investment LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the second quarter worth about $57,000. Finally, Family Firm Inc. purchased a new stake in shares of 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 Performance

Shares of NASDAQ ISTB opened at $47.82 on Monday. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $46.59 and a 1 year high of $48.75. The firm has a market cap of $4.07 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The stock’s 50-day simple moving average is $48.28 and its 200-day simple moving average is $47.86.

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. Stockholders of record on Friday, November 1st were given a dividend of $0.1594 per share. This represents a $1.91 dividend on an annualized basis and a dividend yield of 4.00%. This is a positive change 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.