iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Sees Significant Decline in Short Interest

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 548,100 shares, a decrease of 70.2% from the May 31st total of 1,840,000 shares. Based on an average trading volume of 2,249,700 shares, the days-to-cover ratio is presently 0.2 days.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock traded up $0.06 during trading on Thursday, hitting $45.40. 1,292,712 shares of the company’s stock traded hands, compared to its average volume of 2,964,824. The business has a fifty day simple moving average of $45.00 and a 200 day simple moving average of $45.31. iShares Core Total USD Bond Market ETF has a 52 week low of $42.56 and a 52 week high of $46.35.

iShares Core Total USD Bond Market ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were issued a $0.1495 dividend. This represents a $1.79 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date was Monday, June 3rd.

Institutional Trading of iShares Core Total USD Bond Market ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IUSB. RDA Financial Network increased its position in iShares Core Total USD Bond Market ETF by 3.5% during the fourth quarter. RDA Financial Network now owns 6,874 shares of the company’s stock valued at $317,000 after acquiring an additional 231 shares during the last quarter. NBC Securities Inc. boosted its position in shares of iShares Core Total USD Bond Market ETF by 7.5% during the fourth quarter. NBC Securities Inc. now owns 3,352 shares of the company’s stock valued at $154,000 after buying an additional 234 shares during the period. Benjamin F. Edwards & Company Inc. boosted its position in shares of iShares Core Total USD Bond Market ETF by 3.5% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 7,093 shares of the company’s stock valued at $327,000 after buying an additional 237 shares during the period. Harbor Investment Advisory LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 16.5% during the first quarter. Harbor Investment Advisory LLC now owns 1,681 shares of the company’s stock valued at $77,000 after buying an additional 238 shares during the last quarter. Finally, Bush Investment Group LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 0.4% in the first quarter. Bush Investment Group LLC now owns 57,356 shares of the company’s stock worth $2,615,000 after buying an additional 245 shares during the period.

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.