Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Rises By 281.6%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 3,520,000 shares, a growth of 281.6% from the November 30th total of 922,400 shares. Based on an average daily volume of 3,693,800 shares, the days-to-cover ratio is currently 1.0 days.

Hedge Funds Weigh In On iShares Core Total USD Bond Market ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. increased its stake in 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. Creative Planning raised its stake in iShares Core Total USD Bond Market ETF by 8.0% during the third quarter. Creative Planning now owns 54,714 shares of the company’s stock worth $2,578,000 after acquiring an additional 4,037 shares in the last quarter. Alternative Investment Advisors LLC. bought a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at about $1,995,000. RFG Advisory LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 14.8% in the third quarter. RFG Advisory LLC now owns 466,345 shares of the company’s stock valued at $21,974,000 after acquiring an additional 60,166 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC raised its position in iShares Core Total USD Bond Market ETF by 168.4% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock valued at $44,000 after purchasing an additional 591 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB traded down $0.10 during trading hours on Friday, hitting $45.07. 3,930,623 shares of the stock were exchanged, compared to its average volume of 3,193,316. The company’s 50 day moving average is $45.74 and its 200 day moving average is $46.08. iShares Core Total USD Bond Market ETF has a one year low of $44.21 and a one year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.1605 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.93 dividend on an annualized basis and a yield of 4.27%. This is a positive change 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.