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

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) saw a significant decrease in short interest in March. As of March 31st, there was short interest totaling 2,091,288 shares, a decrease of 74.3% from the March 15th total of 8,146,976 shares. Based on an average daily volume of 4,356,048 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are sold short.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB traded down $0.07 on Friday, hitting $46.26. The company’s stock had a trading volume of 1,960,193 shares, compared to its average volume of 3,489,634. iShares Core Total USD Bond Market ETF has a 12-month low of $44.74 and a 12-month high of $47.23. The company has a market capitalization of $36.25 billion, a price-to-earnings ratio of 10.80 and a beta of 0.28. The stock has a 50 day moving average of $46.53 and a 200-day moving average of $46.65.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were issued a $0.1645 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, April 1st.

Institutional Trading of iShares Core Total USD Bond Market ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Jones Financial Companies Lllp lifted its stake in shares of iShares Core Total USD Bond Market ETF by 6.9% during the third 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 during the period. Gallagher Fiduciary Advisors LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 3,595.7% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 3,377,749 shares of the company’s stock valued at $156,153,000 after buying an additional 3,286,352 shares during the period. Align Financial LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $132,644,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 8.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock valued at $1,332,103,000 after buying an additional 2,324,731 shares during the period. Finally, Symmetry Partners LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $104,011,000.

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.