iShares announces Index Change to two iShares Fixed Income ETFs

iShares  announced that  the iShares Core Short-Term U.S. Bond ETF (NYSEArca: ISTB) and the iShares Core Long-Term U.S. Bond ETF will change indices effective June 3, 2014. ISTB’s new index will be the Barclays US 1-5yr…  

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Universal Index and ILTB’s new index will be Barclays US 10-yr Universal Index. The changes are being implemented in order to expand the funds’ diversification.

Source: ETFWorld.com