Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Expands By 382.9%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 2,919,482 shares, an increase of 382.9% from the November 30th total of 604,576 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 2,794,970 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 2,794,970 shares, the short-interest ratio is presently 1.0 days. Currently, 0.4% of the company’s shares are short sold.

iShares Core Total USD Bond Market ETF Trading Up 0.2%

NASDAQ IUSB opened at $46.62 on Thursday. The firm has a market capitalization of $33.13 billion, a PE ratio of 10.80 and a beta of 0.26. The business’s 50-day moving average price is $46.76 and its two-hundred day moving average price is $46.41. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.1648 dividend. The ex-dividend date was Friday, December 19th. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.2%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in IUSB. Jones Financial Companies Lllp raised its position in shares of iShares Core Total USD Bond Market ETF by 6.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock worth $3,327,011,000 after acquiring an additional 4,589,650 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Core Total USD Bond Market ETF by 8.1% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 26,298,023 shares of the company’s stock valued at $1,228,381,000 after purchasing an additional 1,980,869 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares Core Total USD Bond Market ETF by 4.9% during the third quarter. JPMorgan Chase & Co. now owns 19,693,393 shares of the company’s stock worth $919,878,000 after purchasing an additional 911,004 shares during the period. Mariner LLC increased its holdings in iShares Core Total USD Bond Market ETF by 11.5% in the third quarter. Mariner LLC now owns 14,004,882 shares of the company’s stock worth $654,168,000 after purchasing an additional 1,449,320 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in iShares Core Total USD Bond Market ETF by 1.2% in the third quarter. Ameriprise Financial Inc. now owns 11,066,646 shares of the company’s stock worth $516,686,000 after purchasing an additional 131,323 shares in the last quarter.

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.