iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Hits New 52-Week Low – Here’s What Happened

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $48.02 and last traded at $48.02, with a volume of 73269 shares. The stock had previously closed at $48.06.

iShares Core 1-5 Year USD Bond ETF Stock Performance

The company has a 50-day moving average of $48.22 and a 200-day moving average of $48.51. The stock has a market cap of $5.03 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11.

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iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.1713 per share. The ex-dividend date was Wednesday, July 1st.

Hedge Funds Weigh In On iShares Core 1-5 Year USD Bond ETF

A number of large investors have recently bought and sold shares of the company. PFG Advisors purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at approximately $819,000. Cahaba Wealth Management Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 6.7% in the 4th quarter. Cahaba Wealth Management Inc. now owns 1,064,566 shares of the company’s stock valued at $51,898,000 after buying an additional 66,931 shares during the period. Bartlett & CO. Wealth Management LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 31.9% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 556,170 shares of the company’s stock valued at $27,113,000 after buying an additional 134,574 shares during the period. Townsend & Associates Inc boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.5% in the fourth quarter. Townsend & Associates Inc now owns 1,166,721 shares of the company’s stock valued at $56,866,000 after buying an additional 17,652 shares in the last quarter. Finally, Apella Capital LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 15.1% during the fourth quarter. Apella Capital LLC now owns 814,422 shares of the company’s stock worth $39,703,000 after acquiring an additional 106,752 shares during the period.

iShares Core 1-5 Year USD Bond ETF Company Profile

(Get Free Report)

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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