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 significant growth in short interest in January. As of January 15th, there was short interest totaling 4,351,588 shares, a growth of 270.3% from the December 31st total of 1,175,117 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average trading volume of 3,679,961 shares, the short-interest ratio is currently 1.2 days. Based on an average trading volume of 3,679,961 shares, the short-interest ratio is currently 1.2 days. Approximately 0.6% of the company’s stock are short sold.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock remained flat at $46.68 during mid-day trading on Thursday. 3,054,130 shares of the company’s stock traded hands, compared to its average volume of 3,354,202. The stock’s fifty day moving average is $46.66 and its two-hundred day moving average is $46.55. The firm has a market cap of $34.94 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.1648 dividend. This is an increase 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%. The ex-dividend date of this dividend was Friday, December 19th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC lifted its stake in iShares Core Total USD Bond Market ETF by 9.9% during the first quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock worth $2,776,000 after purchasing an additional 5,416 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 40.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock valued at $8,817,000 after buying an additional 55,360 shares during the period. GC Wealth Management RIA LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 6.5% during the 2nd quarter. GC Wealth Management RIA LLC now owns 7,626 shares of the company’s stock valued at $353,000 after buying an additional 467 shares during the last quarter. Fifth Third Securities Inc. raised its stake in iShares Core Total USD Bond Market ETF by 20.7% during the second quarter. Fifth Third Securities Inc. now owns 26,791 shares of the company’s stock worth $1,239,000 after acquiring an additional 4,586 shares during the period. Finally, LexAurum Advisors LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 4.4% in the second quarter. LexAurum Advisors LLC now owns 36,991 shares of the company’s stock worth $1,710,000 after acquiring an additional 1,561 shares during the last quarter.

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.