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

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 1,550,000 shares, a growth of 172.2% from the February 29th total of 569,500 shares. Based on an average trading volume of 3,601,700 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Parkside Financial Bank & Trust acquired a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at $27,000. Planned Solutions Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth about $28,000. Pineridge Advisors LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth about $28,000. Simplex Trading LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 4th quarter valued at about $30,000. Finally, Coppell Advisory Solutions LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter valued at about $31,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of iShares Core Total USD Bond Market ETF stock traded down $0.06 during trading hours on Thursday, hitting $45.59. The company’s stock had a trading volume of 1,333,007 shares, compared to its average volume of 3,659,519. iShares Core Total USD Bond Market ETF has a 12-month low of $42.56 and a 12-month high of $46.58. The business has a 50 day moving average price of $45.45 and a two-hundred day moving average price of $44.78.

iShares Core Total USD Bond Market ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were paid a dividend of $0.1463 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $1.76 annualized dividend and a yield of 3.85%.

iShares Core Total USD Bond Market ETF Company Profile

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.