iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Stock Short Interest Report for September

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 2,582,198 shares, an increase of 74.2% from the September 15th total of 1,482,195 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 18,014,328 shares, the days-to-cover ratio is currently 0.1 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its stake in shares of iShares Core Total USD Bond Market ETF by 35.3% during the second quarter. Envestnet Asset Management Inc. now owns 180,016,371 shares of the company’s stock worth $8,307,768,000 after acquiring an additional 46,935,169 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 10.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock worth $1,542,409,000 after acquiring an additional 3,083,604 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 35.1% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock worth $781,656,000 after acquiring an additional 4,399,948 shares during the last quarter. Bank of New York Mellon Corp raised its position in iShares Core Total USD Bond Market ETF by 13.8% in the 1st quarter. Bank of New York Mellon Corp now owns 10,974,170 shares of the company’s stock worth $506,897,000 after purchasing an additional 1,333,886 shares during the period. Finally, Cetera Investment Advisers raised its position in iShares Core Total USD Bond Market ETF by 5.5% in the 1st quarter. Cetera Investment Advisers now owns 10,043,013 shares of the company’s stock worth $463,887,000 after purchasing an additional 520,120 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB traded up $0.24 during trading hours on Thursday, hitting $44.48. The company’s stock had a trading volume of 2,419,636 shares, compared to its average volume of 5,147,179. The company has a market cap of $49.17 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. The business has a 50 day simple moving average of $44.91 and a two-hundred day simple moving average of $45.61. iShares Core Total USD Bond Market ETF has a 52-week low of $43.75 and a 52-week high of $47.23.

iShares Core Total USD Bond Market ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.1544 dividend. This represents a $1.85 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Thursday, October 1st.

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.