iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Sees Large Volume Increase – What’s Next?

Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw an uptick in trading volume on Friday . 507,420 shares traded hands during mid-day trading, an increase of 39% from the previous session’s volume of 365,784 shares.The stock last traded at $48.29 and had previously closed at $48.26.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.0 %

The business has a fifty day moving average of $48.00 and a 200 day moving average of $48.07. The firm has a market cap of $4.29 billion, a P/E ratio of 10.95 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.1568 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Investors Weigh In On iShares Core 1-5 Year USD Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC increased its holdings in iShares Core 1-5 Year USD Bond ETF by 42.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 60,541 shares of the company’s stock valued at $2,892,000 after purchasing an additional 18,117 shares during the last quarter. Cim LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 3.3% in the fourth quarter. Cim LLC now owns 536,611 shares of the company’s stock valued at $25,634,000 after acquiring an additional 17,172 shares during the period. Ameriflex Group Inc. acquired a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at about $34,000. Focus Partners Advisor Solutions LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 1.1% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 44,387 shares of the company’s stock valued at $2,120,000 after acquiring an additional 494 shares during the period. Finally, MJP Associates Inc. ADV grew its stake in iShares Core 1-5 Year USD Bond ETF by 3.5% in the fourth quarter. MJP Associates Inc. ADV now owns 128,076 shares of the company’s stock valued at $6,118,000 after acquiring an additional 4,339 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.