NASDAQ:CRED - iShares U.S. Credit Bond ETF Stock Price, News, & Analysis

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$107.61 +0.16 (+0.15 %)
(As of 10/21/2018 02:38 PM ET)
Previous Close$107.61
Today's Range$107.58 - $107.74
52-Week Range$106.38 - $112.93
Volume80,756 shs
Average Volume65,049 shs
Market Capitalization$1.47 billion
P/E RatioN/A
Dividend Yield3.20%
Beta0.09
iShares Credit Bond ETF (the Fund), formerly iShares Barclays Credit Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Barclays U.S. Credit Bond Index (the Index), which measures the performance of investment-grade corporate debt and sovereign, supranational, local authority and non-United States agency bonds that are the United States dollar denominated and have a remaining maturity of greater than or equal to one year. The Fund will concentrate its investments (that is, hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Index is concentrated. BlackRock Fund Advisors is the Fund's investment adviser.

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Basic Details

Issuer Blackrock
Fund NameiShares U.S. Credit Bond ETF
Tax ClassificationRegulated Investment Company
SymbolNASDAQ:CRED
Inception Date1/5/2007
Fund ManagerJames Mauro, Scott Radell
Phone+1-800-4742737

Fund Focus

Asset ClassFixed Income
BenchmarkBloomberg Barclays U.S. Credit Bond Index
CategoryCorporate
FocusInvestment Grade
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$1.52 billion
Average Daily Volume$83,290.00
Discount/Premium-0.43%

ETF Expenses

Management Fee0.06%
Other Expenses0.00%
Total Expenses0.06%
Fee Waiver0.00%
Net Expenses0.06%

Administrator, Advisor and Custodian

AdministratorState Street Bank and Trust Company
AdvisorBlackRock Fund Advisors
CustodianState Street Bank and Trust Company
DistributorBlackRock Investments, LLC
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerJane Street

iShares U.S. Credit Bond ETF (NASDAQ:CRED) Frequently Asked Questions

What is iShares U.S. Credit Bond ETF's stock symbol?

iShares U.S. Credit Bond ETF trades on the NASDAQ under the ticker symbol "CRED."

How often does iShares U.S. Credit Bond ETF pay dividends? What is the dividend yield for iShares U.S. Credit Bond ETF?

iShares U.S. Credit Bond ETF declared a monthly dividend on Monday, July 2nd. Shareholders of record on Tuesday, July 3rd will be given a dividend of $0.3054 per share on Monday, July 9th. This represents a $3.66 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date is Monday, July 2nd. This is a positive change from iShares U.S. Credit Bond ETF's previous monthly dividend of $0.30. View iShares U.S. Credit Bond ETF's Dividend History.

How will iShares U.S. Credit Bond ETF's stock buyback program work?

iShares U.S. Credit Bond ETF announced that its Board of Directors has authorized a share repurchase program on Monday, December 4th 2017, which allows the company to buyback $5,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 6.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

Who are iShares U.S. Credit Bond ETF's key executives?

iShares U.S. Credit Bond ETF's management team includes the folowing people:
  • Chris Mosellen, Portfolio Manager
  • , Bio & Compensation - 
  • Lee Sterne, Portfolio Manager

Who are iShares U.S. Credit Bond ETF's major shareholders?

iShares U.S. Credit Bond ETF's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Cornerstone Wealth Management LLC (5.85%), Bank of Montreal Can (2.71%), SeaBridge Investment Advisors LLC (0.37%), BB&T Corp (0.21%), Cahaba Wealth Management Inc. (0.17%) and Trust Department MB Financial Bank N A (0.14%).

Which institutional investors are selling iShares U.S. Credit Bond ETF stock?

CRED stock was sold by a variety of institutional investors in the last quarter, including Rockland Trust Co..

Which institutional investors are buying iShares U.S. Credit Bond ETF stock?

CRED stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Cornerstone Wealth Management LLC, SeaBridge Investment Advisors LLC, BB&T Corp, Cahaba Wealth Management Inc., Trust Department MB Financial Bank N A, Raymond James Trust N.A. and Courier Capital LLC.

How do I buy shares of iShares U.S. Credit Bond ETF?

Shares of CRED can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is iShares U.S. Credit Bond ETF's stock price today?

One share of CRED stock can currently be purchased for approximately $107.61.

How big of a company is iShares U.S. Credit Bond ETF?

iShares U.S. Credit Bond ETF has a market capitalization of $1.47 billion.

What is iShares U.S. Credit Bond ETF's official website?

The official website for iShares U.S. Credit Bond ETF is http://www.ishares.com.

How can I contact iShares U.S. Credit Bond ETF?

iShares U.S. Credit Bond ETF's mailing address is c/o Barclays Global Investors 525 Washington Boulevard Suite 1405, Jersey, 07310, United States. The company can be reached via phone at +1-800-4742737.


MarketBeat Community Rating for iShares U.S. Credit Bond ETF (NASDAQ CRED)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  36 (Vote Outperform)
Underperform Votes:  42 (Vote Underperform)
Total Votes:  78
MarketBeat's community ratings are surveys of what our community members think about iShares U.S. Credit Bond ETF and other stocks. Vote "Outperform" if you believe CRED will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRED will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/21/2018 by MarketBeat.com Staff

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