iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Short Interest Up 21.6% in March

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 8,146,976 shares, a growth of 21.6% from the February 26th total of 6,702,103 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average trading volume of 4,612,313 shares, the short-interest ratio is presently 1.8 days.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $46.19 on Wednesday. The firm has a market cap of $34.73 billion, a P/E ratio of 10.80 and a beta of 0.26. The firm’s 50-day simple moving average is $46.60 and its 200-day simple moving average is $46.68. iShares Core Total USD Bond Market ETF has a twelve month low of $44.74 and a twelve month high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1573 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

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

Several large investors have recently modified their holdings of IUSB. Old North State Trust LLC boosted its stake in iShares Core Total USD Bond Market ETF by 6.5% in the 4th quarter. Old North State Trust LLC now owns 44,522 shares of the company’s stock valued at $2,072,000 after buying an additional 2,729 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in iShares Core Total USD Bond Market ETF by 49.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 375,619 shares of the company’s stock worth $17,481,000 after acquiring an additional 124,206 shares in the last quarter. Lane Brothers & Co. Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at $546,000. World Investment Advisors lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 147.9% during the fourth quarter. World Investment Advisors now owns 584,856 shares of the company’s stock valued at $27,219,000 after acquiring an additional 348,974 shares during the period. Finally, Corient Private Wealth LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 2.7% in the 4th quarter. Corient Private Wealth LLC now owns 581,365 shares of the company’s stock valued at $27,057,000 after purchasing an additional 15,024 shares in 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.