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

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 54,059 shares, a decrease of 80.9% from the July 15th total of 282,889 shares. Based on an average daily volume of 397,205 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

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

A number of hedge funds have recently added to or reduced their stakes in ISTB. Turtle Creek Wealth Advisors LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the 1st quarter valued at $44,000. Rossby Financial LCC increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 41.7% in the 4th quarter. Rossby Financial LCC now owns 986 shares of the company’s stock worth $48,000 after purchasing an additional 290 shares in the last quarter. Strive Financial Group LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth $68,000. Banque Transatlantique SA raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 47.4% in the fourth quarter. Banque Transatlantique SA now owns 2,126 shares of the company’s stock worth $104,000 after purchasing an additional 684 shares during the last quarter. Finally, Burkett Financial Services LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 166.0% during the second quarter. Burkett Financial Services LLC now owns 2,399 shares of the company’s stock valued at $116,000 after purchasing an additional 1,497 shares in the last quarter.

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

NASDAQ:ISTB traded down $0.02 on Friday, reaching $48.07. 257,034 shares of the stock traded hands, compared to its average volume of 487,458. The company has a market capitalization of $5.13 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $47.88 and a 12 month high of $49.05. The company’s fifty day simple moving average is $48.08 and its 200 day simple moving average is $48.37.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.1743 per share. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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.