Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Rises By 102.6%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 7,130,000 shares, an increase of 102.6% from the December 15th total of 3,520,000 shares. Based on an average trading volume of 3,725,900 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Investors Weigh In On iShares Core Total USD Bond Market ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. increased its stake in iShares Core Total USD Bond Market ETF by 39.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock worth $450,000 after acquiring an additional 2,682 shares during the period. Creative Planning increased its position in shares of iShares Core Total USD Bond Market ETF by 8.0% in the third quarter. Creative Planning now owns 54,714 shares of the company’s stock worth $2,578,000 after purchasing an additional 4,037 shares during the period. Alternative Investment Advisors LLC. acquired a new position in iShares Core Total USD Bond Market ETF in the second quarter valued at about $1,995,000. RFG Advisory LLC lifted its position in iShares Core Total USD Bond Market ETF by 14.8% during the third quarter. RFG Advisory LLC now owns 466,345 shares of the company’s stock worth $21,974,000 after purchasing an additional 60,166 shares during the period. Finally, Beaird Harris Wealth Management LLC lifted its position in iShares Core Total USD Bond Market ETF by 168.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock worth $44,000 after purchasing an additional 591 shares during the period.

iShares Core Total USD Bond Market ETF Trading Up 0.2 %

Shares of IUSB stock traded up $0.09 on Thursday, hitting $45.19. The company’s stock had a trading volume of 4,270,774 shares, compared to its average volume of 3,113,207. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44. The stock’s 50 day moving average is $45.52 and its 200-day moving average is $46.05.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.1605 per share. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.