iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB – Get Free Report) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 99,193 shares, a drop of 75.9% from the May 31st total of 411,262 shares. Based on an average trading volume of 853,959 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. Concurrent Investment Advisors LLC boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 4,530 shares of the company’s stock worth $221,000 after buying an additional 206 shares in the last quarter. Evensky & Katz LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 1.6% during the fourth quarter. Evensky & Katz LLC now owns 13,241 shares of the company’s stock worth $646,000 after acquiring an additional 208 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in iShares Core 1-5 Year USD Bond ETF by 1.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 15,426 shares of the company’s stock worth $753,000 after acquiring an additional 208 shares during the last quarter. Spire Wealth Management lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 37.5% in the fourth quarter. Spire Wealth Management now owns 800 shares of the company’s stock valued at $39,000 after purchasing an additional 218 shares in the last quarter. Finally, Centaurus Financial Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 7.6% in the third quarter. Centaurus Financial Inc. now owns 3,759 shares of the company’s stock valued at $184,000 after purchasing an additional 265 shares in the last quarter.
iShares Core 1-5 Year USD Bond ETF Price Performance
ISTB opened at $48.30 on Friday. The stock has a market cap of $4.73 billion, a P/E ratio of 10.99 and a beta of 0.11. The stock’s 50 day simple moving average is $48.27 and its 200 day simple moving average is $48.54. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $48.02 and a 1-year high of $49.05.
iShares Core 1-5 Year USD Bond ETF Cuts Dividend
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.
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