Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Expands By 270.3%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 4,351,588 shares, an increase of 270.3% from the December 31st total of 1,175,117 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 3,679,961 shares, the short-interest ratio is currently 1.2 days. Based on an average daily trading volume, of 3,679,961 shares, the short-interest ratio is currently 1.2 days. Approximately 0.6% of the company’s shares are short sold.

iShares Core Total USD Bond Market ETF Stock Down 0.1%

Shares of IUSB traded down $0.03 on Wednesday, hitting $46.68. 2,776,212 shares of the stock traded hands, compared to its average volume of 3,370,873. iShares Core Total USD Bond Market ETF has a 1 year low of $44.74 and a 1 year high of $47.20. The stock’s 50 day moving average is $46.66 and its two-hundred day moving average is $46.55. The firm has a market capitalization of $34.94 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a dividend of $0.1648 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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

Institutional investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. boosted its stake in iShares Core Total USD Bond Market ETF by 9.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 44,765 shares of the company’s stock worth $2,083,000 after buying an additional 3,772 shares during the last quarter. Schmidt P J Investment Management Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 6.8% during the 4th quarter. Schmidt P J Investment Management Inc. now owns 14,647 shares of the company’s stock worth $682,000 after acquiring an additional 936 shares during the period. FWG Investments LLC. raised its position in shares of iShares Core Total USD Bond Market ETF by 16.4% in the 4th quarter. FWG Investments LLC. now owns 22,706 shares of the company’s stock worth $1,057,000 after buying an additional 3,196 shares during the period. HB Wealth Management LLC grew its position in iShares Core Total USD Bond Market ETF by 10.6% during the fourth quarter. HB Wealth Management LLC now owns 6,742 shares of the company’s stock valued at $314,000 after acquiring an additional 646 shares during the period. Finally, SageGuard Financial Group LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth about $2,645,000.

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.