iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Declares $0.17 Dividend

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) declared a dividend on Tuesday, June 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be paid a dividend of 0.1713 per share on Tuesday, July 7th. The ex-dividend date of this dividend is Wednesday, July 1st.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.4%

ISTB stock traded down $0.20 during trading on Wednesday, hitting $48.05. The company had a trading volume of 444,465 shares, compared to its average volume of 510,098. The firm has a market capitalization of $4.71 billion, a P/E ratio of 10.99 and a beta of 0.11. The company has a 50 day simple moving average of $48.26 and a 200-day simple moving average of $48.53. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $48.02 and a 52-week high of $49.05.

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

A number of large investors have recently bought and sold shares of ISTB. Concurrent Investment Advisors LLC raised its stake 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 valued at $221,000 after buying an additional 206 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings 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 acquiring an additional 208 shares during the period. Evensky & Katz LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 1.6% in 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. Spire Wealth Management raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 37.5% in the fourth quarter. Spire Wealth Management now owns 800 shares of the company’s stock valued at $39,000 after buying an additional 218 shares during the last quarter. Finally, Centaurus Financial Inc. raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 7.6% in the third quarter. Centaurus Financial Inc. now owns 3,759 shares of the company’s stock valued at $184,000 after buying an additional 265 shares during the last quarter.

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.