Short Interest in iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Declines By 39.9%

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the target of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 14,274 shares, a decline of 39.9% from the January 29th total of 23,748 shares. Based on an average trading volume of 26,922 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 26,922 shares, the days-to-cover ratio is presently 0.5 days.

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

A number of institutional investors have recently added to or reduced their stakes in the stock. Dearborn Partners LLC bought a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 4th quarter worth approximately $206,000. Thoroughbred Financial Services LLC acquired a new position in iShares iBonds Dec 2034 Term Treasury ETF during the third quarter worth $233,000. Flow Traders U.S. LLC bought a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF during the third quarter valued at $389,000. United Capital Financial Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 43.6% during the third quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock valued at $1,562,000 after acquiring an additional 18,300 shares during the period. Finally, Atlantic Private Wealth LLC boosted its position 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 buying an additional 42,927 shares in the last quarter.

iShares iBonds Dec 2034 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2034 Term Treasury ETF stock opened at $26.31 on Friday. The firm has a fifty day moving average price of $25.87 and a two-hundred day moving average price of $25.92. iShares iBonds Dec 2034 Term Treasury ETF has a fifty-two week low of $24.92 and a fifty-two week high of $26.32.

iShares iBonds Dec 2034 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.0821 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. 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.