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 target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 159,137 shares, an increase of 194.4% from the July 30th total of 54,059 shares. Based on an average daily volume of 521,625 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

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

A number of large investors have recently added to or reduced their stakes in the company. HB Wealth Management LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 12.8% in the 2nd quarter. HB Wealth Management LLC now owns 10,433 shares of the company’s stock valued at $503,000 after buying an additional 1,185 shares during the last quarter. Beacon Hill Wealth Management LTD. bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 2nd quarter valued at about $1,010,000. KFA Private Wealth Group LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 19.1% during the second quarter. KFA Private Wealth Group LLC now owns 191,066 shares of the company’s stock worth $9,219,000 after purchasing an additional 30,608 shares during the period. C M Bidwell & Associates Ltd. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 2nd quarter worth approximately $4,904,000. Finally, Sunesis Advisors LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the second quarter valued at about $2,655,000.

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

Shares of ISTB stock traded down $0.01 on Thursday, reaching $48.10. The company had a trading volume of 539,401 shares, compared to its average volume of 482,218. The company has a 50-day moving average of $48.07 and a 200-day moving average of $48.32. The stock has a market cap of $5.14 billion, a PE 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.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The firm also recently announced 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. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.3%.

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.