iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Short Interest Update

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 67,326 shares, a growth of 75.6% from the February 26th total of 38,343 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 387,917 shares, the days-to-cover ratio is currently 0.2 days.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.1%

Shares of ISTB stock traded up $0.04 during mid-day trading on Friday, reaching $48.28. 787,105 shares of the stock traded hands, compared to its average volume of 481,402. The company has a market cap of $4.71 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. The stock’s fifty day simple moving average is $48.71 and its two-hundred day simple moving average is $48.77. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $47.77 and a 1-year high of $49.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.1656 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.1%.

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

A number of institutional investors have recently added to or reduced their stakes in the business. Cahaba Wealth Management Inc. lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 6.7% in the fourth quarter. Cahaba Wealth Management Inc. now owns 1,064,566 shares of the company’s stock worth $51,898,000 after acquiring an additional 66,931 shares during the period. Gilbert Capital Group Inc. acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 2nd quarter valued at approximately $6,749,000. CreativeOne Wealth LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 2nd quarter valued at approximately $510,000. Clune & Associates LTD. raised its holdings in iShares Core 1-5 Year USD Bond ETF by 14.7% during the 3rd quarter. Clune & Associates LTD. now owns 171,658 shares of the company’s stock worth $8,384,000 after purchasing an additional 21,938 shares during the last quarter. Finally, Courage Miller Partners LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 7.9% in the 3rd quarter. Courage Miller Partners LLC now owns 550,008 shares of the company’s stock worth $26,861,000 after purchasing an additional 40,216 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.