iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Sees Significant Decline in Short Interest

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 60,181 shares, a drop of 40.8% from the July 15th total of 101,650 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 162,739 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of iShares iBonds Dec 2033 Term Treasury ETF

A number of institutional investors have recently bought and sold shares of the company. United Capital Financial Advisors LLC raised its stake in shares of iShares iBonds Dec 2033 Term Treasury ETF by 43.5% during the 3rd quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock worth $1,557,000 after purchasing an additional 19,157 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF in the 1st quarter valued at approximately $1,595,000. Thoroughbred Financial Services LLC grew its stake in shares of iShares iBonds Dec 2033 Term Treasury ETF by 117.8% in the 4th quarter. Thoroughbred Financial Services LLC now owns 70,348 shares of the company’s stock valued at $1,727,000 after buying an additional 38,042 shares in the last quarter. Ameriprise Financial Inc. acquired a new position in iShares iBonds Dec 2033 Term Treasury ETF in the third quarter worth approximately $2,554,000. Finally, Headland Capital LLC increased its holdings in iShares iBonds Dec 2033 Term Treasury ETF by 2.9% in the fourth quarter. Headland Capital LLC now owns 303,888 shares of the company’s stock worth $7,462,000 after buying an additional 8,552 shares during the last quarter.

iShares iBonds Dec 2033 Term Treasury ETF Price Performance

NASDAQ:IBTO traded up $0.06 during trading hours on Wednesday, hitting $23.87. 8,065 shares of the stock traded hands, compared to its average volume of 93,322. The firm has a 50 day moving average price of $23.94 and a 200 day moving average price of $24.22. iShares iBonds Dec 2033 Term Treasury ETF has a fifty-two week low of $23.73 and a fifty-two week high of $25.00.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a $0.0864 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. This is a boost from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Monday, August 3rd.

About iShares iBonds Dec 2033 Term Treasury ETF

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.