Stifel Financial Corp Has $1.42 Million Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Stifel Financial Corp boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 23.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,089 shares of the company’s stock after purchasing an additional 5,435 shares during the period. Stifel Financial Corp’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,416,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Koss Olinger Consulting LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the second quarter valued at $22,076,000. Boyd Wealth Management LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the 3rd quarter valued at about $7,841,000. Values First Advisors Inc. bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the third quarter worth about $7,611,000. Cannon Financial Strategists Inc. bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the second quarter worth about $3,812,000. Finally, Cahaba Wealth Management Inc. lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 10.2% during the second quarter. Cahaba Wealth Management Inc. now owns 844,062 shares of the company’s stock worth $39,983,000 after purchasing an additional 77,986 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

ISTB stock opened at $47.65 on Friday. The company has a 50 day moving average price of $47.98 and a 200 day moving average price of $47.99. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $46.65 and a fifty-two week high of $48.75. The stock has a market capitalization of $4.06 billion, a PE ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th will be issued a dividend of $0.1587 per share. The ex-dividend date of this dividend is Wednesday, December 18th. This represents a $1.90 annualized dividend and a yield of 4.00%.

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.