iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Plans Dividend Increase – $0.15 Per Share

iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) declared a monthly dividend on Wednesday, July 31st, NASDAQ reports. Stockholders of record on Thursday, August 1st will be paid a dividend of 0.1549 per share on Tuesday, August 6th. This represents a $1.86 annualized dividend and a dividend yield of 3.88%. The ex-dividend date is Thursday, August 1st. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15.

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

NASDAQ:ISTB traded up $0.09 during trading hours on Thursday, hitting $47.94. 391,506 shares of the stock were exchanged, compared to its average volume of 416,215. The firm’s fifty day moving average price is $47.45 and its 200 day moving average price is $47.33. The company has a market cap of $4.15 billion, a P/E ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $45.37 and a 52-week high of $48.32.

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.