ISTB Stock Summary and Trading Ideas (iShares Core 1-5 Year USD Bond ETF | NASDAQ:ISTB)

The iShares Core 1-5 Year USD Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated bonds that are rated either investment grade or high yield with remaining maturities between one and five years.

iShares Core 1-5 Year USD Bond ETF trades on the NASDAQ stock market under the symbol ISTB.

As of April 19, 2024, ISTB stock price climbed to $46.89 with 299,363 million shares trading.

ISTB has a beta of 0.11, meaning it tends to be less sensitive to market movements. ISTB has a correlation of 0.21 to the broad based SPY ETF.

ISTB has a market cap of $4.04 billion. This is considered a Mid Cap stock.

In the last 3 years, ISTB stock traded as high as $51.44 and as low as $45.37.

ISTB has underperformed the market in the last year with a return of +3.0%, while the SPY ETF gained +21.2%. In the last 3 month period, ISTB fell short of the market, returning -0.3%, while SPY returned +4.3%. However, in the most recent 2 weeks ISTB has outperformed the stock market by returning -0.8%, while SPY returned -3.5%.

ISTB support price is $46.80 and resistance is $46.94 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ISTB stock will trade within this expected range on the day.