iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Short Interest Down 22.7% in October

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 4,020,000 shares, a decline of 22.7% from the October 15th total of 5,200,000 shares. Based on an average trading volume of 4,363,400 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On iShares Core Total USD Bond Market ETF

Institutional investors have recently bought and sold shares of the business. Creative Planning boosted its position in 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 valued at $2,578,000 after acquiring an additional 4,037 shares in the last quarter. McAdam LLC boosted its position in iShares Core Total USD Bond Market ETF by 2.0% during the second quarter. McAdam LLC now owns 11,797 shares of the company’s stock valued at $533,000 after purchasing an additional 227 shares in the last quarter. Western Wealth Management LLC grew its stake in iShares Core Total USD Bond Market ETF by 1.5% in the second quarter. Western Wealth Management LLC now owns 40,141 shares of the company’s stock valued at $1,815,000 after purchasing an additional 597 shares during the last quarter. Alternative Investment Advisors LLC. bought a new position in iShares Core Total USD Bond Market ETF in the second quarter worth about $1,995,000. Finally, Benjamin F. Edwards & Company Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 3.6% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 10,839 shares of the company’s stock worth $490,000 after purchasing an additional 374 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB remained flat at $45.52 during mid-day trading on Friday. 3,857,585 shares of the company were exchanged, compared to its average volume of 3,246,867. iShares Core Total USD Bond Market ETF has a 52 week low of $44.08 and a 52 week high of $47.44. The business’s 50-day simple moving average is $46.46 and its two-hundred day simple moving average is $45.94.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.1577 dividend. This represents a $1.89 annualized dividend and a dividend yield of 4.16%. The ex-dividend date was Friday, November 1st. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.