iShares iBonds Dec 2023 Term Treasury ETF (NASDAQ:IBTD) Short Interest Update

iShares iBonds Dec 2023 Term Treasury ETF (NASDAQ:IBTD – Get Rating) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totalling 1,170,000 shares, a growth of 353.8% from the April 30th total of 257,800 shares. Based on an average daily trading volume, of 922,400 shares, the short-interest ratio is presently 1.3 days.

Hedge Funds Weigh In On iShares iBonds Dec 2023 Term Treasury ETF

A number of large investors have recently modified their holdings of IBTD. Leavell Investment Management Inc. lifted its stake in iShares iBonds Dec 2023 Term Treasury ETF by 699.3% during the 4th quarter. Leavell Investment Management Inc. now owns 113,164 shares of the company’s stock valued at $2,796,000 after acquiring an additional 99,006 shares in the last quarter. Strategic Blueprint LLC lifted its stake in iShares iBonds Dec 2023 Term Treasury ETF by 17.8% during the 3rd quarter. Strategic Blueprint LLC now owns 311,045 shares of the company’s stock valued at $7,705,000 after acquiring an additional 46,954 shares in the last quarter. Gould Asset Management LLC CA bought a new position in iShares iBonds Dec 2023 Term Treasury ETF during the 4th quarter valued at $465,000. Archer Investment Corp lifted its stake in iShares iBonds Dec 2023 Term Treasury ETF by 431.6% during the 4th quarter. Archer Investment Corp now owns 73,629 shares of the company’s stock valued at $1,819,000 after acquiring an additional 59,779 shares in the last quarter. Finally, ERTS Wealth Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2023 Term Treasury ETF during the 4th quarter valued at $740,000.

iShares iBonds Dec 2023 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2023 Term Treasury ETF stock traded down $0.01 on Friday, reaching $24.77. 454,375 shares of the company’s stock were exchanged, compared to its average volume of 928,844. iShares iBonds Dec 2023 Term Treasury ETF has a 52 week low of $24.65 and a 52 week high of $25.11. The firm’s 50-day moving average is $24.75 and its two-hundred day moving average is $24.75.

iShares iBonds Dec 2023 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 5th. Investors of record on Tuesday, May 2nd were issued a $0.088 dividend. This is a boost from iShares iBonds Dec 2023 Term Treasury ETF’s previous monthly dividend of $0.08. This represents a $1.06 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date of this dividend was Monday, May 1st.

About iShares iBonds Dec 2023 Term Treasury ETF

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The iShares iBonds Dec 2023 Term Treasury ETF (IBTD) is an exchange-traded fund that is based on the ICE 2023 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2023. The fund will terminate in December 2023. IBTD was launched on Feb 25, 2020 and is managed by BlackRock.