iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Short Interest Down 67.3% in September

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 790,900 shares, a drop of 67.3% from the September 15th total of 2,420,000 shares. Based on an average trading volume of 3,167,900 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 3,167,900 shares, the short-interest ratio is presently 0.2 days.

iShares Core Total USD Bond Market ETF Trading Down 0.1%

iShares Core Total USD Bond Market ETF stock opened at $47.00 on Monday. The company has a market capitalization of $33.48 billion, a price-to-earnings ratio of 10.80 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.06. The stock’s 50 day moving average is $46.56 and its 200-day moving average is $46.00.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.1668 per share. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, October 1st.

Institutional Investors Weigh In On iShares Core Total USD Bond Market ETF

Institutional investors have recently modified their holdings of the business. Range Financial Group LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 6.9% in the third quarter. Range Financial Group LLC now owns 34,114 shares of the company’s stock valued at $1,593,000 after acquiring an additional 2,205 shares in the last quarter. Retireful LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $1,379,000. 5T Wealth LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 4.5% during the third quarter. 5T Wealth LLC now owns 353,327 shares of the company’s stock worth $16,504,000 after purchasing an additional 15,113 shares during the period. Valley National Advisers Inc. increased its holdings in shares of iShares Core Total USD Bond Market ETF by 2.9% during the third quarter. Valley National Advisers Inc. now owns 137,995 shares of the company’s stock worth $6,445,000 after purchasing an additional 3,833 shares during the period. Finally, Client 1ST Advisory Group LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 2.8% in the third quarter. Client 1ST Advisory Group LLC now owns 177,333 shares of the company’s stock valued at $8,283,000 after buying an additional 4,845 shares in 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.