Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Decreases By 76.0%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,380,000 shares, a drop of 76.0% from the February 28th total of 5,760,000 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 2,995,400 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp increased its holdings in iShares Core Total USD Bond Market ETF by 12.2% during the 4th quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock valued at $2,735,756,000 after purchasing an additional 6,586,279 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 13.5% in the fourth quarter. LPL Financial LLC now owns 44,646,696 shares of the company’s stock valued at $2,018,031,000 after buying an additional 5,315,980 shares during the last quarter. Wells Fargo & Company MN lifted its position in iShares Core Total USD Bond Market ETF by 6.2% during the 4th quarter. Wells Fargo & Company MN now owns 42,531,915 shares of the company’s stock worth $1,922,443,000 after buying an additional 2,496,641 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Core Total USD Bond Market ETF by 14.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock worth $976,181,000 after acquiring an additional 2,651,218 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in iShares Core Total USD Bond Market ETF by 1.9% in the 4th quarter. Ameriprise Financial Inc. now owns 10,409,106 shares of the company’s stock valued at $470,405,000 after acquiring an additional 197,710 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.5 %

IUSB stock opened at $45.98 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44. The business’s 50 day moving average is $45.68 and its 200-day moving average is $45.88. The firm has a market cap of $32.71 billion, a P/E ratio of 10.90 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.