iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Sees Large Volume Increase – What’s Next?

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) shares saw unusually-high trading volume on Friday . Approximately 507,420 shares traded hands during mid-day trading, an increase of 39% from the previous session’s volume of 365,784 shares.The stock last traded at $48.29 and had previously closed at $48.26.

iShares Core 1-5 Year USD Bond ETF Price Performance

The company has a market cap of $4.29 billion, a price-to-earnings ratio of 10.95 and a beta of 0.07. The business has a 50 day simple moving average of $48.00 and a 200 day simple moving average of $48.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1568 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Investors Weigh In On iShares Core 1-5 Year USD Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Bellwether Advisors LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 0.8% during the fourth quarter. Bellwether Advisors LLC now owns 26,844 shares of the company’s stock worth $1,282,000 after acquiring an additional 209 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 1.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 18,723 shares of the company’s stock worth $894,000 after acquiring an additional 210 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 0.3% during the third quarter. Rockefeller Capital Management L.P. now owns 90,848 shares of the company’s stock worth $4,422,000 after acquiring an additional 236 shares during the last quarter. Magnolia Capital Advisors LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.1% during the fourth quarter. Magnolia Capital Advisors LLC now owns 6,024 shares of the company’s stock worth $288,000 after acquiring an additional 238 shares during the last quarter. Finally, FC Advisory LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 0.8% during the fourth quarter. FC Advisory LLC now owns 31,286 shares of the company’s stock worth $1,495,000 after acquiring an additional 244 shares during the last quarter.

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.