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 target of a large decrease in short interest in September. As of September 15th, there was short interest totalling 1,570,000 shares, a decrease of 14.2% from the August 31st total of 1,830,000 shares. Based on an average daily volume of 3,069,300 shares, the days-to-cover ratio is presently 0.5 days.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp lifted its holdings in iShares Core Total USD Bond Market ETF by 92.8% in the fourth quarter. Jones Financial Companies Lllp now owns 47,864,940 shares of the company’s stock valued at $2,205,138,000 after buying an additional 23,039,032 shares during the period. LPL Financial LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 2.2% in the 2nd quarter. LPL Financial LLC now owns 32,698,037 shares of the company’s stock worth $1,478,605,000 after buying an additional 705,199 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in iShares Core Total USD Bond Market ETF by 0.3% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 19,689,119 shares of the company’s stock valued at $890,342,000 after purchasing an additional 65,765 shares during the period. Park Avenue Securities LLC increased its holdings in iShares Core Total USD Bond Market ETF by 38.7% during the first quarter. Park Avenue Securities LLC now owns 10,871,783 shares of the company’s stock worth $495,645,000 after buying an additional 3,035,201 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in iShares Core Total USD Bond Market ETF by 3.6% in the second quarter. Cetera Investment Advisers now owns 8,963,758 shares of the company’s stock valued at $405,341,000 after purchasing an additional 310,052 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB traded down $0.12 on Monday, hitting $47.12. The company had a trading volume of 2,285,456 shares, compared to its average volume of 2,984,853. iShares Core Total USD Bond Market ETF has a 52 week low of $42.56 and a 52 week high of $47.44. The firm has a 50 day moving average of $46.68 and a two-hundred day moving average of $45.67.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.1569 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.