iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Reaches New 52-Week High at $48.61

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $48.61 and last traded at $48.61, with a volume of 47840 shares trading hands. The stock had previously closed at $48.60.

iShares Core 1-5 Year USD Bond ETF Stock Performance

The company has a 50 day simple moving average of $48.01 and a two-hundred day simple moving average of $47.50. The firm has a market cap of $4.20 billion, a PE ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1598 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Trading of iShares Core 1-5 Year USD Bond ETF

Several large investors have recently added to or reduced their stakes in the company. Spinnaker Trust grew its stake in iShares Core 1-5 Year USD Bond ETF by 0.7% during the 2nd quarter. Spinnaker Trust now owns 1,246,485 shares of the company’s stock valued at $59,046,000 after purchasing an additional 9,105 shares during the last quarter. Townsend & Associates Inc boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 2.3% in the first quarter. Townsend & Associates Inc now owns 945,072 shares of the company’s stock worth $44,418,000 after buying an additional 20,866 shares during the last quarter. Cahaba Wealth Management Inc. boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 10.2% in the second quarter. Cahaba Wealth Management Inc. now owns 844,062 shares of the company’s stock worth $39,983,000 after buying an additional 77,986 shares during the last quarter. MBL Wealth LLC boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 2.6% in the second quarter. MBL Wealth LLC now owns 678,022 shares of the company’s stock worth $32,118,000 after buying an additional 16,989 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 34.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 590,319 shares of the company’s stock worth $27,963,000 after buying an additional 152,038 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.