iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Short Interest Down 22.7% in October

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 4,020,000 shares, a decline of 22.7% from the October 15th total of 5,200,000 shares. Based on an average trading volume of 4,363,400 shares, the short-interest ratio is currently 0.9 days.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.52 on Friday. iShares Core Total USD Bond Market ETF has a 1 year low of $43.87 and a 1 year high of $47.44. The stock has a 50-day moving average price of $46.51 and a two-hundred day moving average price of $45.92.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.1577 dividend. The ex-dividend date was Friday, November 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.89 annualized dividend and a dividend yield of 4.16%.

Institutional Trading of iShares Core Total USD Bond Market ETF

A number of large investors have recently bought and sold shares of IUSB. LPL Financial LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 20.3% during the third quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock worth $1,853,263,000 after acquiring an additional 6,632,679 shares in the last quarter. Cetera Investment Advisers increased its holdings in iShares Core Total USD Bond Market ETF by 129.9% during the 1st quarter. Cetera Investment Advisers now owns 8,653,706 shares of the company’s stock worth $394,522,000 after purchasing an additional 4,890,264 shares in the last quarter. CWM LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 19.5% in the 3rd quarter. CWM LLC now owns 21,325,421 shares of the company’s stock valued at $1,004,854,000 after purchasing an additional 3,483,112 shares during the period. Kestra Investment Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the second quarter valued at about $128,756,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the second quarter worth about $124,848,000.

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.