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 large growth in short interest in the month of January. As of January 15th, there was short interest totalling 7,130,000 shares, a growth of 102.6% from the December 31st total of 3,520,000 shares. Based on an average trading volume of 3,725,900 shares, the short-interest ratio is currently 1.9 days.

iShares Core Total USD Bond Market ETF Stock Down 0.1 %

Shares of IUSB stock traded down $0.03 during midday trading on Wednesday, reaching $45.46. 704,425 shares of the stock were exchanged, compared to its average volume of 2,983,859. iShares Core Total USD Bond Market ETF has a 1 year low of $44.21 and a 1 year high of $47.44. The company’s 50 day moving average is $45.46 and its two-hundred day moving average is $46.05.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.1605 per share. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Wednesday, December 18th. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.24%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in IUSB. Creative Planning boosted its stake in iShares Core Total USD Bond Market ETF by 1.1% during the 2nd quarter. Creative Planning now owns 50,677 shares of the company’s stock valued at $2,292,000 after purchasing an additional 564 shares during the last quarter. Sunbelt Securities Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 14.1% in the 2nd quarter. Sunbelt Securities Inc. now owns 13,731 shares of the company’s stock worth $621,000 after purchasing an additional 1,694 shares during the period. EP Wealth Advisors LLC bought a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter worth $415,000. Truist Financial Corp raised its holdings in iShares Core Total USD Bond Market ETF by 10.7% in the 2nd quarter. Truist Financial Corp now owns 1,212,528 shares of the company’s stock worth $54,830,000 after purchasing an additional 117,684 shares during the period. Finally, Cetera Investment Advisers raised its holdings in iShares Core Total USD Bond Market ETF by 3.6% during the second quarter. Cetera Investment Advisers now owns 8,963,758 shares of the company’s stock valued at $405,341,000 after acquiring an additional 310,052 shares during the period.

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.