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

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 5,760,000 shares, an increase of 44.0% from the February 13th total of 4,000,000 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 3,002,600 shares, the short-interest ratio is currently 1.9 days.

iShares Core Total USD Bond Market ETF Trading Up 0.1 %

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.83 on Tuesday. The company’s fifty day simple moving average is $45.51 and its 200-day simple moving average is $45.92. The company has a market cap of $32.60 billion, a price-to-earnings ratio of 16.77 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 1 year low of $44.21 and a 1 year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.1553 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date was Monday, March 3rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 39.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock valued at $450,000 after acquiring an additional 2,682 shares during the period. Keystone Financial Group Inc. acquired a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter worth about $66,000. World Equity Group Inc. increased its position in iShares Core Total USD Bond Market ETF by 20.2% in the fourth quarter. World Equity Group Inc. now owns 35,464 shares of the company’s stock worth $1,603,000 after purchasing an additional 5,968 shares during the period. Howard Capital Management Inc. increased its position in iShares Core Total USD Bond Market ETF by 21.4% in the fourth quarter. Howard Capital Management Inc. now owns 59,372 shares of the company’s stock worth $2,684,000 after purchasing an additional 10,448 shares during the period. Finally, Beaird Harris Wealth Management LLC increased its position in iShares Core Total USD Bond Market ETF by 168.4% in the third quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock worth $44,000 after purchasing an additional 591 shares during the period.

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.