iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Hits New 1-Year High at $48.74

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $48.74 and last traded at $48.73, with a volume of 111093 shares traded. The stock had previously closed at $48.70.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.1 %

The company has a market capitalization of $4.22 billion, a PE ratio of 16.72 and a beta of 0.07. The business’s 50-day simple moving average is $48.21 and its 200-day simple moving average is $47.58.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.1598 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Trading of iShares Core 1-5 Year USD Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. C M Bidwell & Associates Ltd. boosted its stake in iShares Core 1-5 Year USD Bond ETF by 4.9% during the 4th quarter. C M Bidwell & Associates Ltd. now owns 88,356 shares of the company’s stock worth $4,202,000 after purchasing an additional 4,136 shares during the last quarter. Meeder Asset Management Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF by 5.6% during the 1st quarter. Meeder Asset Management Inc. now owns 112,202 shares of the company’s stock valued at $5,323,000 after acquiring an additional 5,946 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF by 7.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 195,598 shares of the company’s stock valued at $9,303,000 after acquiring an additional 13,236 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in iShares Core 1-5 Year USD Bond ETF by 7,411.5% in the 4th quarter. BNP Paribas Financial Markets now owns 16,300 shares of the company’s stock worth $775,000 after purchasing an additional 16,083 shares in the last quarter. Finally, Rothschild Investment LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 2nd quarter worth approximately $57,000.

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.