iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Short Interest Update

iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 120,841 shares, a drop of 37.1% from the July 15th total of 192,215 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 513,370 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of iShares iBonds Dec 2029 Term Corporate ETF

A number of large investors have recently modified their holdings of IBDU. Praetorian Wealth Management Inc. increased its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 2.7% in the second quarter. Praetorian Wealth Management Inc. now owns 297,915 shares of the company’s stock worth $6,900,000 after purchasing an additional 7,902 shares during the last quarter. RVW Wealth LLC lifted its position in iShares iBonds Dec 2029 Term Corporate ETF by 5.4% during the second quarter. RVW Wealth LLC now owns 1,210,684 shares of the company’s stock valued at $28,039,000 after purchasing an additional 61,905 shares during the last quarter. GAMMA Investing LLC lifted its position in iShares iBonds Dec 2029 Term Corporate ETF by 141.5% during the second quarter. GAMMA Investing LLC now owns 12,763 shares of the company’s stock valued at $296,000 after purchasing an additional 7,479 shares during the last quarter. Harbor Investment Advisory LLC grew its stake in iShares iBonds Dec 2029 Term Corporate ETF by 19.0% in the 2nd quarter. Harbor Investment Advisory LLC now owns 100,760 shares of the company’s stock worth $2,334,000 after buying an additional 16,114 shares in the last quarter. Finally, Ballast Advisors LLC purchased a new position in iShares iBonds Dec 2029 Term Corporate ETF in the 1st quarter worth approximately $40,000.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

iShares iBonds Dec 2029 Term Corporate ETF stock remained flat at $23.07 during midday trading on Tuesday. The company had a trading volume of 661,352 shares, compared to its average volume of 717,878. The stock’s 50-day moving average price is $23.08 and its 200-day moving average price is $23.21. iShares iBonds Dec 2029 Term Corporate ETF has a twelve month low of $22.98 and a twelve month high of $23.65.

About iShares iBonds Dec 2029 Term Corporate ETF

The iShares iBonds Dec 2029 Term Corporate ETF (IBDU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment-grade corporate bonds maturing between Jan 1 and Dec 15, 2029. IBDU was launched on Sep 17, 2019 and is managed by BlackRock.