iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Get Rating) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 600,900 shares, a growth of 14.9% from the March 31st total of 523,200 shares. Based on an average daily trading volume, of 2,449,100 shares, the days-to-cover ratio is presently 0.2 days.
iShares Core Total USD Bond Market ETF Stock Down 0.9 %
Shares of IUSB traded down $0.42 during mid-day trading on Monday, hitting $45.83. The company's stock had a trading volume of 221,241 shares, compared to its average volume of 2,930,200. The firm has a 50-day simple moving average of $46.10 and a 200 day simple moving average of $45.84. iShares Core Total USD Bond Market ETF has a 1-year low of $43.12 and a 1-year high of $48.23.
Get iShares Core Total USD Bond Market ETF alerts:iShares Core Total USD Bond Market ETF Increases Dividend
The company also recently disclosed a monthly dividend, which was paid on Friday, April 7th. Investors of record on Tuesday, April 4th were paid a $0.125 dividend. This is an increase from iShares Core Total USD Bond Market ETF's previous monthly dividend of $0.12. This represents a $1.50 annualized dividend and a yield of 3.27%. The ex-dividend date of this dividend was Monday, April 3rd.
Hedge Funds Weigh In On iShares Core Total USD Bond Market ETF
Several hedge funds have recently bought and sold shares of the company. CWM LLC increased its stake in iShares Core Total USD Bond Market ETF by 17.8% in the 1st quarter. CWM LLC now owns 20,504,924 shares of the company's stock valued at $946,302,000 after purchasing an additional 3,098,930 shares in the last quarter. Signaturefd LLC purchased a new position in iShares Core Total USD Bond Market ETF during the first quarter worth $55,000. Avantax Advisory Services Inc. increased its position in iShares Core Total USD Bond Market ETF by 42.7% during the first quarter. Avantax Advisory Services Inc. now owns 502,255 shares of the company's stock worth $23,179,000 after buying an additional 150,247 shares in the last quarter. AdvisorNet Financial Inc increased its position in iShares Core Total USD Bond Market ETF by 10.5% during the first quarter. AdvisorNet Financial Inc now owns 70,232 shares of the company's stock worth $3,241,000 after buying an additional 6,701 shares in the last quarter. Finally, Capital Planning LLC increased its position in iShares Core Total USD Bond Market ETF by 0.3% during the first quarter. Capital Planning LLC now owns 88,824 shares of the company's stock worth $4,099,000 after buying an additional 223 shares in the last quarter.
iShares Core Total USD Bond Market ETF Company Profile
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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.
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