iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) was the target of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 966,364 shares, a decrease of 67.1% from the January 15th total of 2,934,078 shares. Based on an average daily volume of 245,536 shares, the days-to-cover ratio is presently 3.9 days.

A number of institutional investors and hedge funds have recently modified their holdings of IUSB. BlackRock Inc. grew its holdings in iShares Core Total USD Bond Market ETF by 28.4% during the fourth quarter. BlackRock Inc. now owns 33,014,269 shares of the company’s stock worth $1,625,788,000 after buying an additional 7,311,628 shares in the last quarter. Spinnaker Trust bought a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter valued at about $62,594,000. CX Institutional increased its position in shares of iShares Core Total USD Bond Market ETF by 157.9% during the 4th quarter. CX Institutional now owns 266,028 shares of the company’s stock valued at $13,101,000 after purchasing an additional 162,895 shares during the last quarter. Karp Capital Management Corp bought a new position in iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $7,120,000. Finally, PNC Financial Services Group Inc. grew its position in iShares Core Total USD Bond Market ETF by 11.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,263,054 shares of the company’s stock worth $62,200,000 after acquiring an additional 131,577 shares during the last quarter.

Shares of NASDAQ:IUSB opened at $49.68 on Thursday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $48.34 and a fifty-two week high of $49.99.

The business also recently declared a monthly dividend, which was paid on Thursday, February 7th. Investors of record on Monday, February 4th were paid a $0.1374 dividend. This represents a $1.65 dividend on an annualized basis and a yield of 3.32%. The ex-dividend date was Friday, February 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.10.

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