Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Drops By 14.2%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totalling 1,570,000 shares, a decline of 14.2% from the August 31st total of 1,830,000 shares. Based on an average daily trading volume, of 3,069,300 shares, the short-interest ratio is presently 0.5 days.

iShares Core Total USD Bond Market ETF Stock Down 0.3 %

Shares of NASDAQ IUSB traded down $0.12 during midday trading on Monday, reaching $47.12. 2,285,456 shares of the company traded hands, compared to its average volume of 2,984,853. The stock’s 50-day simple moving average is $46.65 and its 200-day simple moving average is $45.65. iShares Core Total USD Bond Market ETF has a 12 month low of $42.56 and a 12 month high of $47.44.

iShares Core Total USD Bond Market ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1569 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. McAdam LLC lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 2.0% during the second quarter. McAdam LLC now owns 11,797 shares of the company’s stock valued at $533,000 after acquiring an additional 227 shares during the period. Harbor Investment Advisory LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 16.5% in the first quarter. Harbor Investment Advisory LLC now owns 1,681 shares of the company’s stock valued at $77,000 after buying an additional 238 shares during the last quarter. Bush Investment Group LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 0.4% in the first quarter. Bush Investment Group LLC now owns 57,356 shares of the company’s stock valued at $2,615,000 after buying an additional 245 shares during the last quarter. Schmidt P J Investment Management Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 1.8% in the second quarter. Schmidt P J Investment Management Inc. now owns 13,834 shares of the company’s stock valued at $626,000 after buying an additional 250 shares during the last quarter. Finally, Ascent Group LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 0.7% in the second quarter. Ascent Group LLC now owns 34,660 shares of the company’s stock valued at $1,567,000 after buying an additional 252 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.