iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB – Get Free Report) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 159,137 shares, a growth of 194.4% from the July 30th total of 54,059 shares. Based on an average trading volume of 521,625 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are short sold.
Institutional Investors Weigh In On iShares Core 1-5 Year USD Bond ETF
A number of large investors have recently added to or reduced their stakes in ISTB. Goldman Sachs Group Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 100.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 165,118 shares of the company’s stock worth $7,983,000 after purchasing an additional 82,911 shares in the last quarter. Jane Street Group LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF in the first quarter valued at about $1,681,000. NewEdge Advisors LLC raised its stake in iShares Core 1-5 Year USD Bond ETF by 13.4% in the second quarter. NewEdge Advisors LLC now owns 57,776 shares of the company’s stock valued at $2,811,000 after purchasing an additional 6,809 shares in the last quarter. Betterment LLC lifted its position in iShares Core 1-5 Year USD Bond ETF by 6.8% during the second quarter. Betterment LLC now owns 39,922 shares of the company’s stock worth $1,942,000 after purchasing an additional 2,550 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in iShares Core 1-5 Year USD Bond ETF by 60.0% during the second quarter. Ameriprise Financial Inc. now owns 513,291 shares of the company’s stock worth $24,979,000 after purchasing an additional 192,418 shares during the period.
iShares Core 1-5 Year USD Bond ETF Trading Down 0.0%
NASDAQ ISTB traded down $0.01 during trading on Thursday, reaching $48.10. The company’s stock had a trading volume of 539,401 shares, compared to its average volume of 482,218. The firm has a 50 day moving average price of $48.07 and a 200 day moving average price of $48.32. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $47.88 and a 12 month high of $49.05. The firm has a market capitalization of $5.14 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11.
iShares Core 1-5 Year USD Bond ETF Announces Dividend
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.
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