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

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 1,380,000 shares, a decline 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 daily volume of 2,995,400 shares, the days-to-cover ratio is currently 0.5 days.

iShares Core Total USD Bond Market ETF Stock Down 0.2 %

Shares of NASDAQ:IUSB opened at $45.77 on Thursday. iShares Core Total USD Bond Market ETF has a 12-month low of $44.21 and a 12-month high of $47.44. The company’s 50 day moving average price is $45.65 and its two-hundred day moving average price is $45.89. The firm has a market cap of $32.56 billion, a PE ratio of 10.90 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

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

Institutional Trading of iShares Core Total USD Bond Market ETF

Large investors have recently modified their holdings of the stock. M1 Capital Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth about $5,273,000. Objective Capital Management LLC increased its stake in iShares Core Total USD Bond Market ETF by 2.6% in the fourth quarter. Objective Capital Management LLC now owns 23,886 shares of the company’s stock valued at $1,080,000 after acquiring an additional 602 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in iShares Core Total USD Bond Market ETF by 96.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 212,164 shares of the company’s stock valued at $9,590,000 after acquiring an additional 103,966 shares during the last quarter. Old North State Trust LLC raised its position in iShares Core Total USD Bond Market ETF by 1,279.2% during the fourth quarter. Old North State Trust LLC now owns 285,180 shares of the company’s stock valued at $12,890,000 after purchasing an additional 264,503 shares in the last quarter. Finally, Elite Financial Inc. bought a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth $11,662,000.

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.