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 significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 2,947,859 shares, a decrease of 32.3% from the January 15th total of 4,351,588 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 2,930,430 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 2,930,430 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.4% of the shares of the company are short sold.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB traded up $0.14 during mid-day trading on Friday, hitting $47.03. The company’s stock had a trading volume of 3,675,059 shares, compared to its average volume of 3,297,302. The business’s fifty day moving average is $46.63 and its two-hundred day moving average is $46.62. The stock has a market cap of $35.37 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1 year low of $44.74 and a 1 year high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.165 per share. This represents a c) annualized dividend and a yield of 4.2%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Monday, February 2nd.

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

Several hedge funds have recently bought and sold shares of IUSB. Team Financial Group LLC boosted its position in iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after purchasing an additional 218 shares in the last quarter. Snider Financial Group boosted its position in iShares Core Total USD Bond Market ETF by 3.6% during the third quarter. Snider Financial Group now owns 6,580 shares of the company’s stock worth $307,000 after acquiring an additional 231 shares during the last quarter. Midwest Trust Co grew its stake in iShares Core Total USD Bond Market ETF by 2.9% during the 4th quarter. Midwest Trust Co now owns 8,432 shares of the company’s stock valued at $392,000 after acquiring an additional 236 shares in the last quarter. Leavell Investment Management Inc. grew its stake in iShares Core Total USD Bond Market ETF by 0.6% during the 3rd quarter. Leavell Investment Management Inc. now owns 40,535 shares of the company’s stock valued at $1,893,000 after acquiring an additional 240 shares in the last quarter. Finally, Linscomb Wealth Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 0.8% in the 3rd quarter. Linscomb Wealth Inc. now owns 31,738 shares of the company’s stock valued at $1,482,000 after acquiring an additional 264 shares during the last quarter.

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.