iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Sees Large Drop in Short Interest

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw a significant decrease in short interest in 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. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 397,205 shares, the short-interest ratio is currently 0.1 days.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.2%

Shares of iShares Core 1-5 Year USD Bond ETF stock traded up $0.08 on Thursday, reaching $48.09. 351,735 shares of the company were exchanged, compared to its average volume of 488,955. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $47.88 and a fifty-two week high of $49.05. The firm has a market capitalization of $5.14 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. The stock has a fifty day moving average price of $48.08 and a 200-day moving average price of $48.37.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.1743 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Monday, August 3rd.

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

Several hedge funds have recently made changes to their positions in ISTB. SHP Wealth Management acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth approximately $70,668,000. Financial Solutions Advisory Group Inc. acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the 1st quarter valued at about $57,365,000. Acorns Advisers LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 5.1% in the 4th quarter. Acorns Advisers LLC now owns 11,554,781 shares of the company’s stock worth $563,296,000 after purchasing an additional 562,194 shares during the last quarter. Boyd Wealth Management LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth $13,198,000. Finally, Ballast Financial Advisors LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth about $10,391,000.

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.