Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Expands By 270.3%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 4,351,588 shares, an increase of 270.3% from the December 31st total of 1,175,117 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 3,679,961 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 3,679,961 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.6% of the shares of the stock are short sold.

Institutional Trading of iShares Core Total USD Bond Market ETF

Several large investors have recently modified their holdings of IUSB. Jones Financial Companies Lllp lifted its stake in iShares Core Total USD Bond Market ETF by 6.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock valued at $3,327,011,000 after buying an additional 4,589,650 shares in the last quarter. Gallagher Fiduciary Advisors LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 3,595.7% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 3,377,749 shares of the company’s stock valued at $156,153,000 after acquiring an additional 3,286,352 shares in the last quarter. Symmetry Partners LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at $104,011,000. Northwestern Mutual Wealth Management Co. increased its position in iShares Core Total USD Bond Market ETF by 8.1% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 26,298,023 shares of the company’s stock worth $1,228,381,000 after purchasing an additional 1,980,869 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in iShares Core Total USD Bond Market ETF by 3,347.5% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,862,672 shares of the company’s stock valued at $87,006,000 after purchasing an additional 1,808,643 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.1%

Shares of IUSB stock traded down $0.03 during mid-day trading on Wednesday, reaching $46.68. The stock had a trading volume of 2,776,212 shares, compared to its average volume of 3,370,873. The company has a market cap of $34.94 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 12-month low of $44.74 and a 12-month high of $47.20. The business has a 50-day simple moving average of $46.66 and a 200 day simple moving average of $46.55.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.1648 per share. The ex-dividend date was Friday, December 19th. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.