iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB – Get Free Report) shares saw unusually-strong trading volume on Thursday. Approximately 928,180 shares were traded during trading, an increase of 84% from the previous session’s volume of 505,115 shares. The stock last traded at $47.3150 and had previously closed at $47.24.
iShares Core 1-5 Year USD Bond ETF Price Performance
The firm has a market capitalization of $5.27 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. The firm’s 50-day simple moving average is $47.61 and its 200 day simple moving average is $48.01.
iShares Core 1-5 Year USD Bond ETF Increases Dividend
The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.1772 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1743. This represents a $2.13 annualized dividend and a yield of 4.5%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Beacon Hill Wealth Management LTD. acquired a new position in iShares Core 1-5 Year USD Bond ETF during the 2nd quarter worth approximately $1,010,000. C M Bidwell & Associates Ltd. acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the second quarter valued at approximately $4,904,000. McClarren Financial Advisors Inc. boosted its position in iShares Core 1-5 Year USD Bond ETF by 1,438.8% in the first quarter. McClarren Financial Advisors Inc. now owns 95,834 shares of the company’s stock valued at $4,644,000 after buying an additional 89,606 shares in the last quarter. NewEdge Advisors LLC boosted its position in iShares Core 1-5 Year USD Bond ETF by 21.0% in the second quarter. NewEdge Advisors LLC now owns 79,682 shares of the company’s stock valued at $3,845,000 after buying an additional 13,814 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 6.7% during the first quarter. Geneos Wealth Management Inc. now owns 581,180 shares of the company’s stock worth $28,164,000 after buying an additional 36,345 shares during the last quarter.
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.
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