Short Interest in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Increases By 58.4%

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totaling 121,373 shares, an increase of 58.4% from the March 31st total of 76,633 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 283,509 shares, the days-to-cover ratio is presently 0.4 days.

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

A number of hedge funds have recently made changes to their positions in the stock. Leavell Investment Management Inc. increased its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 84.0% during the third quarter. Leavell Investment Management Inc. now owns 65,376 shares of the company’s stock worth $1,435,000 after buying an additional 29,854 shares in the last quarter. Thoroughbred Financial Services LLC increased its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 63.2% during the third quarter. Thoroughbred Financial Services LLC now owns 142,985 shares of the company’s stock worth $3,139,000 after buying an additional 55,366 shares in the last quarter. Rebalance LLC increased its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 22.3% during the fourth quarter. Rebalance LLC now owns 255,822 shares of the company’s stock worth $5,614,000 after buying an additional 46,663 shares in the last quarter. Strategic Blueprint LLC increased its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 395.7% during the third quarter. Strategic Blueprint LLC now owns 186,646 shares of the company’s stock worth $4,098,000 after buying an additional 148,992 shares in the last quarter. Finally, High Note Wealth LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the fourth quarter worth $61,000.

iShares iBonds Dec 2029 Term Treasury ETF Trading Down 0.2%

Shares of IBTJ traded down $0.05 during midday trading on Wednesday, hitting $21.76. The company’s stock had a trading volume of 140,281 shares, compared to its average volume of 293,636. iShares iBonds Dec 2029 Term Treasury ETF has a one year low of $21.57 and a one year high of $22.13. The company’s fifty day simple moving average is $21.87 and its two-hundred day simple moving average is $21.93.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were paid a dividend of $0.0687 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This is a positive change from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a yield of 3.8%.

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.