iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) to Issue Dividend Increase – $0.18 Per Share

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) declared a monthly dividend on Monday, August 31st. Shareholders of record on Tuesday, September 1st will be paid a dividend of 0.1772 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Tuesday, September 1st. This is a 1.7% increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of NASDAQ ISTB traded down $0.26 during midday trading on Tuesday, hitting $47.74. The stock had a trading volume of 398,995 shares, compared to its average volume of 480,212. The company’s 50-day simple moving average is $48.06 and its 200 day simple moving average is $48.31. The firm has a market cap of $5.10 billion, a P/E ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $47.73 and a fifty-two week high of $49.05.

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.