iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Short Interest Up 114.7% in February

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 6,329,955 shares, a growth of 114.7% from the January 29th total of 2,947,859 shares. Based on an average daily volume of 3,258,173 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.8% of the shares of the company are short sold. Currently, 0.8% of the shares of the company are short sold. Based on an average daily volume of 3,258,173 shares, the days-to-cover ratio is presently 1.9 days.

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

Hedge funds have recently modified their holdings of the company. AQR Capital Management LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 9.9% during the first quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock valued at $2,776,000 after buying an additional 5,416 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 40.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock worth $8,817,000 after purchasing an additional 55,360 shares during the period. Daymark Wealth Partners LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 7.5% during the second quarter. Daymark Wealth Partners LLC now owns 34,973 shares of the company’s stock worth $1,617,000 after purchasing an additional 2,453 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 2.6% during the second quarter. Arkadios Wealth Advisors now owns 91,637 shares of the company’s stock worth $4,236,000 after purchasing an additional 2,328 shares during the last quarter. Finally, Spire Wealth Management grew its position in shares of iShares Core Total USD Bond Market ETF by 1,276.8% in the second quarter. Spire Wealth Management now owns 1,888,940 shares of the company’s stock valued at $86,970,000 after purchasing an additional 1,751,742 shares during the period.

iShares Core Total USD Bond Market ETF Stock Up 0.1%

NASDAQ:IUSB traded up $0.07 during midday trading on Friday, reaching $47.19. The stock had a trading volume of 243,712 shares, compared to its average volume of 3,021,263. The stock has a market cap of $35.48 billion, a P/E ratio of 10.80 and a beta of 0.26. The firm has a fifty day simple moving average of $46.71 and a two-hundred day simple moving average of $46.68. iShares Core Total USD Bond Market ETF has a 12-month low of $44.74 and a 12-month high of $47.22.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared 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 is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd.

iShares Core Total USD Bond Market ETF Company Profile

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.