iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Sees Large Volume Increase – Should You Buy?

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) saw strong trading volume on Tuesday . 1,391,289 shares traded hands during mid-day trading, an increase of 259% from the previous session’s volume of 387,020 shares.The stock last traded at $47.92 and had previously closed at $47.96.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.1 %

The stock has a market cap of $4.28 billion, a PE ratio of 16.46 and a beta of 0.10. The business has a 50 day moving average price of $47.83 and a 200 day moving average price of $48.08.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1632 per share. The ex-dividend date was Monday, February 3rd.

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

Hedge funds have recently bought and sold shares of the business. Golden State Wealth Management LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth $32,000. BNP Paribas Financial Markets purchased a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at $46,000. Burkett Financial Services LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 56.3% during the 4th quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock worth $47,000 after buying an additional 358 shares during the last quarter. Bogart Wealth LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 40.7% during the 3rd quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock worth $48,000 after buying an additional 287 shares during the last quarter. Finally, Crews Bank & Trust purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth about $90,000.

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.