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

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

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

Several large investors have recently modified their holdings of IUSB. Charles Schwab Investment Management Inc. raised its stake 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 in the last quarter. Creative Planning lifted its stake in shares of iShares Core Total USD Bond Market ETF by 8.0% during the 3rd quarter. Creative Planning now owns 54,714 shares of the company’s stock worth $2,578,000 after purchasing an additional 4,037 shares during the last quarter. Alternative Investment Advisors LLC. bought a new stake in iShares Core Total USD Bond Market ETF during the second quarter valued at about $1,995,000. RFG Advisory LLC raised its holdings in iShares Core Total USD Bond Market ETF by 14.8% in the third quarter. RFG Advisory LLC now owns 466,345 shares of the company’s stock worth $21,974,000 after purchasing an additional 60,166 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC lifted its position in shares of 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 buying an additional 591 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of iShares Core Total USD Bond Market ETF stock traded down $0.10 on Friday, hitting $45.07. 3,930,623 shares of the company traded hands, compared to its average volume of 3,193,316. The stock’s 50 day moving average price is $45.74 and its 200-day moving average price is $46.08. 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 company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.1605 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 annualized dividend and a dividend yield of 4.27%. The ex-dividend date was Wednesday, December 18th.

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.