Bank of Montreal Can Grows Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Bank of Montreal Can increased its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 4.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 202,451 shares of the company’s stock after purchasing an additional 8,805 shares during the period. Bank of Montreal Can owned 0.24% of iShares Core 1-5 Year USD Bond ETF worth $9,865,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. ORG Partners LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 2nd quarter worth about $30,000. Larson Financial Group LLC increased its stake 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 valued at $48,000 after purchasing an additional 804 shares in the last quarter. Bogart Wealth LLC lifted its holdings 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 valued at $48,000 after purchasing an additional 287 shares during the last quarter. Rothschild Investment LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 2nd quarter worth approximately $57,000. Finally, Family Firm Inc. bought a new position in iShares Core 1-5 Year USD Bond ETF during the 2nd quarter valued at approximately $68,000.

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

Shares of NASDAQ:ISTB opened at $48.13 on Monday. The stock has a fifty 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 has a 12-month low of $46.59 and a 12-month high of $48.75. The stock has a market capitalization of $4.10 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 company also recently disclosed 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 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 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.