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

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

iShares Core Total USD Bond Market ETF Stock Up 0.1 %

Shares of NASDAQ IUSB traded up $0.05 during midday trading on Thursday, reaching $45.17. 2,997,569 shares of the stock traded hands, compared to its average volume of 3,190,354. The company’s 50 day moving average is $45.79 and its 200 day moving average is $46.09. 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 disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.1605 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date of this dividend was Wednesday, December 18th.

Institutional Trading of iShares Core Total USD Bond Market ETF

Several hedge funds have recently made changes to their positions in IUSB. LGT Financial Advisors LLC grew its holdings in iShares Core Total USD Bond Market ETF by 18.2% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,421 shares of the company’s stock valued at $67,000 after purchasing an additional 219 shares during the last quarter. Kovack Advisors Inc. grew its stake in shares of iShares Core Total USD Bond Market ETF by 4.3% during the third quarter. Kovack Advisors Inc. now owns 5,557 shares of the company’s stock valued at $262,000 after buying an additional 227 shares during the last quarter. Snider Financial Group raised its holdings in shares of iShares Core Total USD Bond Market ETF by 3.3% in the third quarter. Snider Financial Group now owns 7,521 shares of the company’s stock worth $354,000 after buying an additional 238 shares during the period. Ascent Group LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 0.7% in the second quarter. Ascent Group LLC now owns 34,660 shares of the company’s stock worth $1,567,000 after buying an additional 252 shares during the period. Finally, Sugarloaf Wealth Management LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 8.4% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 3,447 shares of the company’s stock worth $162,000 after acquiring an additional 266 shares during the last quarter.

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.