iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Down 47.0% in June

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 92,091 shares, a decrease of 47.0% from the May 31st total of 173,753 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 297,270 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

A number of institutional investors have recently added to or reduced their stakes in IBTJ. Baird Financial Group Inc. increased its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 141.8% in the 2nd quarter. Baird Financial Group Inc. now owns 103,277 shares of the company’s stock worth $2,264,000 after acquiring an additional 60,569 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 9.7% during the second quarter. Ameriprise Financial Inc. now owns 61,747 shares of the company’s stock valued at $1,353,000 after purchasing an additional 5,470 shares in the last quarter. Captrust Financial Advisors lifted its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 31.9% during the second quarter. Captrust Financial Advisors now owns 94,055 shares of the company’s stock valued at $2,062,000 after purchasing an additional 22,735 shares in the last quarter. Parallel Advisors LLC grew its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 9.1% in the third quarter. Parallel Advisors LLC now owns 137,114 shares of the company’s stock valued at $3,010,000 after purchasing an additional 11,406 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 10.0% in the third quarter. Integrated Wealth Concepts LLC now owns 76,143 shares of the company’s stock valued at $1,672,000 after purchasing an additional 6,942 shares during the period.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

Shares of IBTJ opened at $21.68 on Tuesday. iShares iBonds Dec 2029 Term Treasury ETF has a 12 month low of $21.54 and a 12 month high of $22.13. The stock’s 50 day moving average is $21.67 and its two-hundred day moving average is $21.83.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.0689 per share. This is a positive change from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

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.