Pittenger & Anderson Inc. Has $19.12 Million Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Pittenger & Anderson Inc. lifted its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 9.6% during the third quarter, HoldingsChannel reports. The fund owned 392,713 shares of the company’s stock after purchasing an additional 34,449 shares during the quarter. Pittenger & Anderson Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $19,117,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Meeder Asset Management Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF by 5.6% in the first quarter. Meeder Asset Management Inc. now owns 112,202 shares of the company’s stock valued at $5,323,000 after purchasing an additional 5,946 shares in the last quarter. Rothschild Investment LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 2nd quarter valued at about $57,000. NewEdge Advisors LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 26.7% in the 2nd quarter. NewEdge Advisors LLC now owns 28,857 shares of the company’s stock valued at $1,367,000 after buying an additional 6,090 shares in the last quarter. Thrivent Financial for Lutherans grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 8.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 218,033 shares of the company’s stock valued at $10,328,000 after buying an additional 16,622 shares in the last quarter. Finally, Founders Financial Securities LLC increased its holdings in iShares Core 1-5 Year USD Bond ETF by 4.9% in the second quarter. Founders Financial Securities LLC now owns 287,235 shares of the company’s stock worth $13,606,000 after buying an additional 13,418 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.1 %

NASDAQ ISTB opened at $47.89 on Tuesday. The stock has a market capitalization of $4.08 billion, a PE ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $46.35 and a 12-month high of $48.75. The company has a 50 day moving average price of $48.37 and a two-hundred day moving average price of $47.80.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be issued a dividend of $0.1594 per share. The ex-dividend date is Friday, November 1st. This represents a $1.91 dividend on an annualized basis and a dividend yield of 3.99%. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15.

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.