iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Update

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 45,600 shares, a decline of 50.1% from the September 15th total of 91,300 shares. Based on an average daily volume of 350,700 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 350,700 shares, the short-interest ratio is presently 0.1 days.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of NASDAQ:ISTB opened at $48.93 on Monday. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $47.57 and a 1 year high of $48.98. The company has a market cap of $4.59 billion, a PE ratio of 10.99 and a beta of 0.07. The stock’s 50-day moving average is $48.79 and its 200 day moving average is $48.48.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.168 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Wednesday, October 1st.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ISTB. Cullen Frost Bankers Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 762.5% during the 1st quarter. Cullen Frost Bankers Inc. now owns 690 shares of the company’s stock worth $33,000 after acquiring an additional 610 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 2nd quarter worth approximately $37,000. Woodside Wealth Management LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 1st quarter worth approximately $45,000. Farther Finance Advisors LLC grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 223.4% during the 1st quarter. Farther Finance Advisors LLC now owns 1,258 shares of the company’s stock worth $61,000 after acquiring an additional 869 shares during the period. Finally, Golden State Wealth Management LLC grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 100.6% during the 1st quarter. Golden State Wealth Management LLC now owns 1,358 shares of the company’s stock worth $66,000 after acquiring an additional 681 shares during the period.

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.