Short Interest in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Rises By 102.6%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 7,130,000 shares, an increase of 102.6% from the December 15th total of 3,520,000 shares. Based on an average daily volume of 3,725,900 shares, the short-interest ratio is currently 1.9 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IUSB. LPL Financial LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 20.3% during the 3rd quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock valued at $1,853,263,000 after purchasing an additional 6,632,679 shares during the last quarter. CWM LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 19.5% during the third quarter. CWM LLC now owns 21,325,421 shares of the company’s stock worth $1,004,854,000 after buying an additional 3,483,112 shares during the last quarter. Kestra Investment Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the second quarter worth $128,756,000. Sanctuary Advisors LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter valued at $124,848,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of 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 valued at $976,181,000 after acquiring an additional 2,651,218 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.2 %

NASDAQ IUSB traded up $0.09 on Thursday, hitting $45.19. 4,270,774 shares of the company’s stock were exchanged, compared to its average volume of 3,113,207. The stock has a 50-day moving average of $45.52 and a 200-day moving average of $46.05. 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 firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.1605 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 annualized dividend and a yield of 4.26%.

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.