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

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,380,000 shares, a decrease of 76.0% from the February 28th total of 5,760,000 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 2,995,400 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of IUSB. Jones Financial Companies Lllp raised its position in iShares Core Total USD Bond Market ETF by 12.2% in the fourth quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock valued at $2,735,756,000 after purchasing an additional 6,586,279 shares during the last quarter. LPL Financial LLC raised its holdings in iShares Core Total USD Bond Market ETF by 13.5% in the 4th quarter. LPL Financial LLC now owns 44,646,696 shares of the company’s stock valued at $2,018,031,000 after buying an additional 5,315,980 shares during the last quarter. Life Planning Partners Inc boosted its position in iShares Core Total USD Bond Market ETF by 4,352.9% during the 4th quarter. Life Planning Partners Inc now owns 4,380,903 shares of the company’s stock worth $198,017,000 after buying an additional 4,282,520 shares during the period. Raymond James Financial Inc. bought a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $183,980,000. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares Core Total USD Bond Market ETF by 14.7% during the third quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock valued at $976,181,000 after acquiring an additional 2,651,218 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.2 %

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.77 on Thursday. The firm’s 50 day moving average is $45.65 and its 200 day moving average is $45.89. The firm has a market capitalization of $32.56 billion, a PE ratio of 10.90 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 1 year low of $44.21 and a 1 year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.1553 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15.

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.