Bank of Montreal Can Acquires 8,805 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Bank of Montreal Can raised its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 4.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 202,451 shares of the company’s stock after purchasing an additional 8,805 shares during the quarter. Bank of Montreal Can’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $9,865,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in ISTB. Oak Harbor Wealth Partners LLC lifted its position in iShares Core 1-5 Year USD Bond ETF by 3.4% during the second quarter. Oak Harbor Wealth Partners LLC now owns 6,599 shares of the company’s stock valued at $313,000 after purchasing an additional 220 shares during the period. CWM LLC raised its stake in iShares Core 1-5 Year USD Bond ETF by 1.4% during the 3rd quarter. CWM LLC now owns 16,189 shares of the company’s stock valued at $788,000 after buying an additional 226 shares during the last quarter. Bogart Wealth LLC grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 40.7% in 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 period. Luts & Greenleigh Group Inc. grew its position in iShares Core 1-5 Year USD Bond ETF by 1.1% during the third quarter. Luts & Greenleigh Group Inc. now owns 25,907 shares of the company’s stock valued at $1,261,000 after buying an additional 291 shares during the period. Finally, Horizon Family Wealth Inc. lifted its position in iShares Core 1-5 Year USD Bond ETF by 0.9% during the second quarter. Horizon Family Wealth Inc. now owns 32,725 shares of the company’s stock valued at $1,550,000 after purchasing an additional 307 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.2 %

Shares of ISTB opened at $48.13 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 stock has a market cap of $4.10 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The business has a 50-day simple moving average of $48.14 and a two-hundred day simple moving average of $47.92.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.1594 dividend. This represents a $1.91 annualized dividend and a yield of 3.97%. This is an increase 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 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.