iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Increases Dividend to $0.18 Per Share

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) announced a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be paid a dividend of 0.1772 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a 1.7% increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17.

iShares Core 1-5 Year USD Bond ETF Price Performance

NASDAQ ISTB traded down $0.26 during mid-day trading on Tuesday, hitting $47.74. The company’s stock had a trading volume of 398,995 shares, compared to its average volume of 480,212. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.73 and a 52-week high of $49.05. The stock’s fifty day simple moving average is $48.06 and its two-hundred day simple moving average is $48.31. The firm has a market capitalization of $5.10 billion, a P/E ratio of 10.99 and a beta of 0.11.

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.