iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Plans Dividend Increase – $0.17 Per Share

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) announced a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Investors of record on Tuesday, April 1st will be given a dividend of 0.166 per share on Friday, April 4th. This represents a $1.99 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date of this dividend is Tuesday, April 1st. This is a 4.6% increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.16.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.2 %

iShares Core 1-5 Year USD Bond ETF stock traded down $0.10 during trading on Tuesday, reaching $48.25. The stock had a trading volume of 1,408,203 shares, compared to its average volume of 381,218. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $46.65 and a 52-week high of $48.75. The stock has a market cap of $4.29 billion, a PE ratio of 10.96 and a beta of 0.07. The business has a 50 day moving average price of $48.07 and a 200 day moving average price of $48.05.

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.