iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Short Interest Down 22.7% in October

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) saw a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 4,020,000 shares, a decline of 22.7% from the October 15th total of 5,200,000 shares. Based on an average trading volume of 4,363,400 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of iShares Core Total USD Bond Market ETF

Several institutional investors and hedge funds have recently made changes to their positions in IUSB. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $25,000. Peterson Financial Group Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $30,000. Evermay Wealth Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $31,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at approximately $32,000. Finally, Scarborough Advisors LLC boosted its stake in iShares Core Total USD Bond Market ETF by 120.7% during the 2nd quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock worth $39,000 after acquiring an additional 473 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $45.52 on Friday. iShares Core Total USD Bond Market ETF has a 1 year low of $43.87 and a 1 year high of $47.44. The company’s 50-day moving average is $46.51 and its two-hundred day moving average is $45.92.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.1577 dividend. The ex-dividend date was Friday, November 1st. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.89 dividend on an annualized basis and a yield of 4.16%.

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.