iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Update

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 273,802 shares, an increase of 197.3% from the June 15th total of 92,091 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 234,661 shares, the days-to-cover ratio is currently 1.2 days.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.2%

iShares iBonds Dec 2029 Term Treasury ETF stock traded up $0.04 during midday trading on Tuesday, reaching $21.57. The stock had a trading volume of 209,548 shares, compared to its average volume of 281,402. The firm’s fifty day simple moving average is $21.62 and its 200-day simple moving average is $21.80. iShares iBonds Dec 2029 Term Treasury ETF has a 1-year low of $21.52 and a 1-year high of $22.13.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.0669 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC boosted its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 713.5% during the third quarter. NewEdge Advisors LLC now owns 386,300 shares of the company’s stock worth $8,481,000 after purchasing an additional 338,814 shares during the last quarter. United Capital Financial Advisors LLC grew its position in 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 valued at $17,677,000 after purchasing an additional 318,717 shares in the last quarter. Ameriprise Financial Inc. increased its stake 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 buying an additional 116,250 shares during the last quarter. Hughes Financial Services LLC acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter valued at $2,152,000. Finally, Janney Montgomery Scott LLC lifted 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 buying an additional 94,538 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.