iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Shares Shorted: Short Interest Down 76.7% in September

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 140,195 shares, a decline of 76.7% from the August 31st total of 601,181 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 391,608 shares, the days-to-cover ratio is currently 0.4 days.

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

Shares of ISTB traded up $0.08 during mid-day trading on Friday, hitting $47.31. The stock had a trading volume of 1,001,886 shares, compared to its average volume of 483,318. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $47.21 and a fifty-two week high of $49.05. The company has a market cap of $5.11 billion, a PE ratio of 10.99 and a beta of 0.11. The company’s fifty day simple moving average is $47.85 and its two-hundred day simple moving average is $48.14.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a $0.1772 dividend. This represents a $2.13 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Tuesday, September 1st. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1743.

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

A number of institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 9.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 609,935 shares of the company’s stock worth $29,429,000 after purchasing an additional 52,473 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 21.0% during the second quarter. NewEdge Advisors LLC now owns 79,682 shares of the company’s stock valued at $3,845,000 after buying an additional 13,814 shares during the last quarter. IFP Advisors Inc raised its stake in iShares Core 1-5 Year USD Bond ETF by 154.2% during the 2nd quarter. IFP Advisors Inc now owns 1,253 shares of the company’s stock valued at $60,000 after acquiring an additional 760 shares in the last quarter. Baird Financial Group Inc. raised its stake in iShares Core 1-5 Year USD Bond ETF by 3.7% during the 2nd quarter. Baird Financial Group Inc. now owns 30,025 shares of the company’s stock valued at $1,449,000 after acquiring an additional 1,082 shares in the last quarter. Finally, XY Planning Network Inc. boosted its position in iShares Core 1-5 Year USD Bond ETF by 32.4% during the 2nd quarter. XY Planning Network Inc. now owns 42,588 shares of the company’s stock worth $2,055,000 after acquiring an additional 10,424 shares during the period.

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.