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

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

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ IUSB opened at $45.83 on Tuesday. The company has a 50 day simple moving average of $45.51 and a 200-day simple moving average of $45.92. The firm has a market capitalization 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 52-week low of $44.21 and a 52-week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

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

Institutional Trading of iShares Core Total USD Bond Market ETF

A number of hedge funds have recently made changes to their positions in IUSB. Charles Schwab Investment Management Inc. increased its holdings in iShares Core Total USD Bond Market ETF by 39.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock worth $450,000 after buying an additional 2,682 shares during the last quarter. Keystone Financial Group Inc. acquired a new position in iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $66,000. World Equity Group Inc. grew its holdings in iShares Core Total USD Bond Market ETF by 20.2% during the fourth quarter. World Equity Group Inc. now owns 35,464 shares of the company’s stock valued at $1,603,000 after purchasing an additional 5,968 shares during the last quarter. Howard Capital Management Inc. grew its holdings in iShares Core Total USD Bond Market ETF by 21.4% during the fourth quarter. Howard Capital Management Inc. now owns 59,372 shares of the company’s stock valued at $2,684,000 after purchasing an additional 10,448 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC grew its holdings in iShares Core Total USD Bond Market ETF by 168.4% during the third 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 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.