iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Short Interest Up 21.6% in March

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 8,146,976 shares, a growth of 21.6% from the February 26th total of 6,702,103 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average trading volume of 4,612,313 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Trading of iShares Core Total USD Bond Market ETF

Large investors have recently made changes to their positions in the business. Howe & Rusling Inc. grew its position in iShares Core Total USD Bond Market ETF by 2.6% in the fourth quarter. Howe & Rusling Inc. now owns 8,329 shares of the company’s stock worth $388,000 after acquiring an additional 215 shares in the last quarter. Team Financial Group LLC raised its position in iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after purchasing an additional 218 shares during the period. Snider Financial Group raised its position in iShares Core Total USD Bond Market ETF by 3.6% during the third quarter. Snider Financial Group now owns 6,580 shares of the company’s stock valued at $307,000 after purchasing an additional 231 shares during the period. Midwest Trust Co lifted its stake in shares of iShares Core Total USD Bond Market ETF by 2.9% in the 4th quarter. Midwest Trust Co now owns 8,432 shares of the company’s stock valued at $392,000 after purchasing an additional 236 shares during the last quarter. Finally, Leavell Investment Management Inc. boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 0.6% in the 3rd quarter. Leavell Investment Management Inc. now owns 40,535 shares of the company’s stock worth $1,893,000 after purchasing an additional 240 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB stock opened at $46.09 on Thursday. The firm has a fifty day moving average price of $46.59 and a 200 day moving average price of $46.68. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.74 and a fifty-two week high of $47.23. The firm has a market cap of $36.06 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st will be paid a $0.1645 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, April 1st. This is an increase 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.