iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Short Interest Update

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 7,130,000 shares, an increase of 102.6% from the December 31st total of 3,520,000 shares. Based on an average daily volume of 3,725,900 shares, the short-interest ratio is presently 1.9 days.

Institutional Investors Weigh In On iShares Core Total USD Bond Market ETF

Several hedge funds have recently modified their holdings of IUSB. Creative Planning lifted its stake in iShares Core Total USD Bond Market ETF by 1.1% in the 2nd quarter. Creative Planning now owns 50,677 shares of the company’s stock valued at $2,292,000 after buying an additional 564 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in iShares Core Total USD Bond Market ETF by 14.1% in the 2nd quarter. Sunbelt Securities Inc. now owns 13,731 shares of the company’s stock worth $621,000 after purchasing an additional 1,694 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter worth approximately $415,000. Truist Financial Corp increased its holdings in shares of iShares Core Total USD Bond Market ETF by 10.7% during the 2nd quarter. Truist Financial Corp now owns 1,212,528 shares of the company’s stock worth $54,830,000 after buying an additional 117,684 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of iShares Core Total USD Bond Market ETF by 3.6% during the 2nd quarter. Cetera Investment Advisers now owns 8,963,758 shares of the company’s stock worth $405,341,000 after buying an additional 310,052 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB traded down $0.03 during mid-day trading on Wednesday, hitting $45.46. The stock had a trading volume of 704,425 shares, compared to its average volume of 2,983,859. The company has a 50 day moving average of $45.46 and a two-hundred day moving average of $46.05. iShares Core Total USD Bond Market ETF has a twelve month low of $44.21 and a twelve month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.1605 per share. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 annualized dividend and a yield of 4.24%. The ex-dividend date was Wednesday, December 18th.

About iShares Core Total USD Bond Market ETF

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.