iShares Core 1-5 Year USD Bond ETF (ISTB) To Go Ex-Dividend on December 19th

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) announced a monthly dividend on Thursday, December 18th. Stockholders of record on Friday, December 19th will be paid a dividend of 0.1699 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Friday, December 19th. This is a 0.4% 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 Stock Down 0.4%

Shares of NASDAQ ISTB opened at $48.68 on Friday. The stock’s fifty day simple moving average is $48.82 and its 200 day simple moving average is $48.67. The stock has a market capitalization of $4.62 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.57 and a 52-week high of $48.99.

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

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Acorns Advisers LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF by 7.8% during the third quarter. Acorns Advisers LLC now owns 10,992,587 shares of the company’s stock valued at $536,878,000 after buying an additional 793,589 shares in the last quarter. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the third quarter valued at approximately $20,591,000. Apella Capital LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 81.2% in the 3rd quarter. Apella Capital LLC now owns 707,670 shares of the company’s stock valued at $34,648,000 after acquiring an additional 317,066 shares in the last quarter. Royal Bank of Canada lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 40.2% in the 1st quarter. Royal Bank of Canada now owns 852,021 shares of the company’s stock valued at $41,195,000 after acquiring an additional 244,395 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in iShares Core 1-5 Year USD Bond ETF by 19.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,176,780 shares of the company’s stock worth $57,427,000 after purchasing an additional 193,124 shares during the period.

About iShares Core 1-5 Year USD Bond ETF

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.