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

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) saw a significant growth in short interest during the month of 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. Based on an average daily volume of 3,679,961 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.6% of the shares of the company are short sold. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 3,679,961 shares, the days-to-cover ratio is currently 1.2 days.

iShares Core Total USD Bond Market ETF Stock Down 0.1%

IUSB traded down $0.03 during mid-day trading on Friday, reaching $46.65. 2,535,887 shares of the company traded hands, compared to its average volume of 3,313,284. The stock has a market capitalization of $35.02 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. The company’s fifty day moving average price is $46.66 and its 200-day moving average price is $46.56.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.1648 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

Institutional Trading of iShares Core Total USD Bond Market ETF

Several large investors have recently added to or reduced their stakes in IUSB. Jones Financial Companies Lllp grew its position in shares of iShares Core Total USD Bond Market ETF by 6.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock valued at $3,327,011,000 after acquiring an additional 4,589,650 shares during the period. Gallagher Fiduciary Advisors LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 3,595.7% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 3,377,749 shares of the company’s stock worth $156,153,000 after purchasing an additional 3,286,352 shares in the last quarter. Symmetry Partners LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter worth $104,011,000. Northwestern Mutual Wealth Management Co. raised its stake in 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 during the period. Finally, Thrivent Financial for Lutherans boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 3,347.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,862,672 shares of the company’s stock valued at $87,006,000 after purchasing an additional 1,808,643 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.