iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Sees Significant Increase in Short Interest

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 2,582,198 shares, an increase of 74.2% from the September 15th total of 1,482,195 shares. Based on an average daily trading volume, of 18,014,328 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Retirement Wealth Solutions LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 23.5% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 122,211 shares of the company’s stock valued at $5,388,000 after acquiring an additional 23,263 shares during the period. Balance Wealth Partners LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 12.4% in the 2nd quarter. Balance Wealth Partners LLC now owns 100,699 shares of the company’s stock worth $4,647,000 after acquiring an additional 11,145 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Core Total USD Bond Market ETF by 10.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock worth $1,542,409,000 after acquiring an additional 3,083,604 shares during the period. Kickstand Ventures LLC. grew its holdings in shares of iShares Core Total USD Bond Market ETF by 18.0% in the 2nd quarter. Kickstand Ventures LLC. now owns 209,082 shares of the company’s stock worth $9,649,000 after acquiring an additional 31,857 shares during the period. Finally, Balefire LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 447.0% in the 2nd quarter. Balefire LLC now owns 120,307 shares of the company’s stock worth $5,552,000 after acquiring an additional 98,312 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ IUSB remained flat at $44.47 on Friday. The company’s stock had a trading volume of 9,841,709 shares, compared to its average volume of 5,184,388. The firm has a fifty day simple moving average of $44.87 and a two-hundred day simple moving average of $45.59. The company has a market cap of $49.16 billion, a PE ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a one year low of $43.75 and a one year high of $47.23.

iShares Core Total USD Bond Market ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.1544 per share. This represents a $1.85 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Thursday, October 1st.

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.