iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Down 36.4% in January

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 123,800 shares, a decrease of 36.4% from the January 15th total of 194,801 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 315,639 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 315,639 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are short sold.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.2%

iShares iBonds Dec 2029 Term Treasury ETF stock traded up $0.05 during midday trading on Friday, hitting $22.05. 190,655 shares of the stock were exchanged, compared to its average volume of 374,918. The company has a fifty day simple moving average of $21.94 and a two-hundred day simple moving average of $21.95. iShares iBonds Dec 2029 Term Treasury ETF has a 52 week low of $21.35 and a 52 week high of $22.08.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.0705 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. This is an increase from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.06.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. United Capital Financial Advisors LLC increased its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 65.5% in the third quarter. United Capital Financial Advisors LLC now owns 805,137 shares of the company’s stock worth $17,677,000 after acquiring an additional 318,717 shares in the last quarter. NewEdge Advisors LLC raised its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 713.5% during the 3rd quarter. NewEdge Advisors LLC now owns 386,300 shares of the company’s stock worth $8,481,000 after buying an additional 338,814 shares during the period. Rebalance LLC raised its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 22.3% during the 4th quarter. Rebalance LLC now owns 255,822 shares of the company’s stock worth $5,614,000 after buying an additional 46,663 shares during the period. Strategic Blueprint LLC lifted its stake in iShares iBonds Dec 2029 Term Treasury ETF by 395.7% in the third quarter. Strategic Blueprint LLC now owns 186,646 shares of the company’s stock valued at $4,098,000 after buying an additional 148,992 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 188.3% in the third quarter. Ameriprise Financial Inc. now owns 177,997 shares of the company’s stock valued at $3,890,000 after buying an additional 116,250 shares during the period.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

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.