From MarketBeat: Cahaba Wealth Management Inc. Buys 53,213 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)
From MarketBeat:
Cahaba Wealth Management Inc. has increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 8.5% during the third quarter, amounting to 681,965 shares. Meanwhile, several other hedge funds and institutional investors have also recently modified their holdings of ISTB. As a result, the stock is up by 0.2%, trading at $47.57 during midday on Wednesday.
Furthermore, iShares Core 1-5 Year USD Bond ETF has recently announced a monthly dividend, which amounts to $0.1459 per share, representing an annualized dividend of $1.75 and a dividend yield of 3.68%. The ETF is managed by BlackRock and mostly invests in broad credit fixed income, tracking a broad USD-denominated bond index.
According to MarketBeat, ISTB currently has a “hold” rating, though it was not one of the top five stocks recommended by top analysts to their clients. For the latest 13F filings and insider trades for iShares Core 1-5 Year USD Bond ETF, you can visit HoldingsChannel.com.
Read more: Cahaba Wealth Management Inc. Buys 53,213 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)