iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Increases Dividend to $0.16 Per Share

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) announced a monthly dividend on Thursday, October 31st, NASDAQ reports. Shareholders of record on Friday, November 1st will be given a dividend of 0.1594 per share on Wednesday, November 6th. This represents a $1.91 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date of this dividend is Friday, November 1st. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ:ISTB traded down $0.21 during midday trading on Friday, reaching $47.83. The company’s stock had a trading volume of 285,095 shares, compared to its average volume of 393,180. The firm has a market capitalization of $4.06 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The firm has a 50 day moving average price of $48.39 and a two-hundred day moving average price of $47.78. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $45.37 and a fifty-two week high of $48.75.

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.