iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Sees Unusually-High Trading Volume – Time to Buy?

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) shares saw strong trading volume on Friday . 1,448,924 shares were traded during trading, an increase of 159% from the previous session’s volume of 559,735 shares.The stock last traded at $48.7550 and had previously closed at $48.76.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.0%

The firm’s fifty day moving average price is $48.77 and its 200-day moving average price is $48.73. The firm has a market cap of $4.72 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.1699 dividend. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Friday, December 19th.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. CoreCap Advisors LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 174.1% during the third quarter. CoreCap Advisors LLC now owns 721 shares of the company’s stock worth $35,000 after buying an additional 458 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 2nd quarter worth approximately $37,000. Spire Wealth Management grew its position in iShares Core 1-5 Year USD Bond ETF by 37.5% in the 4th 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. Rothschild Investment LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 41.8% during the 3rd quarter. Rothschild Investment LLC now owns 1,695 shares of the company’s stock worth $83,000 after buying an additional 500 shares during the last quarter. Finally, Assetmark Inc. raised its position in iShares Core 1-5 Year USD Bond ETF by 1,394.0% during the 2nd quarter. Assetmark Inc. now owns 1,748 shares of the company’s stock worth $85,000 after buying an additional 1,631 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.