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 significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 282,889 shares, a decline of 48.6% from the June 30th total of 550,165 shares. Based on an average daily volume of 424,587 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Concurrent Investment Advisors LLC grew its position in iShares Core 1-5 Year USD Bond ETF by 4.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 4,530 shares of the company’s stock worth $221,000 after acquiring an additional 206 shares in the last quarter. Evensky & Katz LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 1.6% during the fourth quarter. Evensky & Katz LLC now owns 13,241 shares of the company’s stock valued at $646,000 after purchasing an additional 208 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 15,426 shares of the company’s stock valued at $753,000 after purchasing an additional 208 shares during the last quarter. Spire Wealth Management lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 37.5% in the 4th quarter. Spire Wealth Management now owns 800 shares of the company’s stock valued at $39,000 after purchasing an additional 218 shares during the last quarter. Finally, Centaurus Financial Inc. boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 7.6% in the 3rd quarter. Centaurus Financial Inc. now owns 3,759 shares of the company’s stock worth $184,000 after purchasing an additional 265 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock traded up $0.04 during trading on Thursday, hitting $48.05. 351,534 shares of the company’s stock traded hands, compared to its average volume of 496,559. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $47.88 and a 52 week high of $49.05. The business has a fifty day simple moving average of $48.13 and a 200 day simple moving average of $48.43. The stock has a market capitalization of $5.11 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.1713 dividend. The ex-dividend date was Wednesday, July 1st.

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.