Short Interest in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Declines By 45.0%

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 145,744 shares, a decline of 45.0% from the July 15th total of 264,882 shares. Based on an average trading volume of 316,249 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are short sold.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2029 Term Treasury ETF stock remained flat at $21.58 during trading hours on Monday. The stock had a trading volume of 529,625 shares, compared to its average volume of 282,172. The business’s 50-day simple moving average is $21.58 and its 200 day simple moving average is $21.74. iShares iBonds Dec 2029 Term Treasury ETF has a 52 week low of $21.49 and a 52 week high of $22.13.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.0686 per share. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 3.8%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. United Capital Financial Advisors LLC increased its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 65.5% in the third quarter. United Capital Financial Advisors LLC now owns 805,137 shares of the company’s stock worth $17,677,000 after acquiring an additional 318,717 shares in the last quarter. NewEdge Advisors LLC boosted its position in iShares iBonds Dec 2029 Term Treasury ETF by 6.5% during the 1st quarter. NewEdge Advisors LLC now owns 454,037 shares of the company’s stock worth $9,918,000 after purchasing an additional 27,825 shares during the period. Janney Montgomery Scott LLC boosted its position in iShares iBonds Dec 2029 Term Treasury ETF by 59.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 254,141 shares of the company’s stock worth $5,551,000 after purchasing an additional 94,538 shares during the period. Ameriprise Financial Inc. increased its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 188.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 177,997 shares of the company’s stock valued at $3,890,000 after purchasing an additional 116,250 shares in the last quarter. Finally, Thoroughbred Financial Services LLC increased its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 10.3% in the 4th quarter. Thoroughbred Financial Services LLC now owns 157,751 shares of the company’s stock valued at $3,461,000 after purchasing an additional 14,766 shares in the last quarter.

About iShares iBonds Dec 2029 Term Treasury ETF

The iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) is an exchange-traded fund that is based on the ICE 2029 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2029. The fund will terminate in December 2029. IBTJ was launched on Feb 25, 2020 and is managed by BlackRock.