iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Short Interest Down 25.4% in January

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the target of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 23,748 shares, a decline of 25.4% from the January 15th total of 31,830 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 90,356 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 90,356 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Investors Weigh In On iShares iBonds Dec 2034 Term Treasury ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Atlantic Union Bankshares Corp lifted its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 32.6% during the 4th quarter. Atlantic Union Bankshares Corp now owns 1,272,993 shares of the company’s stock valued at $32,855,000 after buying an additional 313,063 shares during the period. Confluence Investment Management LLC increased its position in iShares iBonds Dec 2034 Term Treasury ETF by 11.4% during the fourth quarter. Confluence Investment Management LLC now owns 716,175 shares of the company’s stock valued at $18,484,000 after acquiring an additional 73,471 shares during the last quarter. Atlantic Private Wealth LLC lifted its holdings in iShares iBonds Dec 2034 Term Treasury ETF by 24.4% in the third quarter. Atlantic Private Wealth LLC now owns 219,045 shares of the company’s stock valued at $5,675,000 after acquiring an additional 42,927 shares during the period. United Capital Financial Advisors LLC boosted its position in iShares iBonds Dec 2034 Term Treasury ETF by 43.6% in the third quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock worth $1,562,000 after purchasing an additional 18,300 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 3rd quarter valued at about $389,000.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

Shares of IBTP traded up $0.10 during trading hours on Friday, hitting $26.09. The company had a trading volume of 27,217 shares, compared to its average volume of 52,894. The firm has a fifty day moving average price of $25.82 and a 200-day moving average price of $25.88. iShares iBonds Dec 2034 Term Treasury ETF has a 52-week low of $24.92 and a 52-week high of $26.26.

iShares iBonds Dec 2034 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.0821 dividend. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Monday, February 2nd.

iShares iBonds Dec 2034 Term Treasury ETF Company Profile

The iShares iBonds Dec 2034 Term Treasury ETF (IBTP) is an exchange-traded fund that is based on the ICE 2034 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2034. The fund will terminate in December 2034. IBTP was launched on Jun 11, 2024 and is issued by BlackRock.