iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Short Interest Update

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 101,595 shares, a growth of 637.7% from the February 26th total of 13,771 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 63,990 shares, the short-interest ratio is presently 1.6 days.

Hedge Funds Weigh In On iShares iBonds Dec 2034 Term Treasury ETF

A number of institutional investors have recently modified their holdings of the company. Atlantic Union Bankshares Corp lifted its stake in shares of iShares iBonds Dec 2034 Term Treasury ETF by 32.6% during the fourth 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 grew its stake in iShares iBonds Dec 2034 Term Treasury ETF by 11.4% in the 4th quarter. Confluence Investment Management LLC now owns 716,175 shares of the company’s stock worth $18,484,000 after acquiring an additional 73,471 shares during the period. Atlantic Private Wealth LLC raised its holdings in iShares iBonds Dec 2034 Term Treasury ETF by 7.2% in the 4th quarter. Atlantic Private Wealth LLC now owns 234,732 shares of the company’s stock valued at $6,058,000 after acquiring an additional 15,687 shares during the last quarter. United Capital Financial Advisors LLC raised its holdings in iShares iBonds Dec 2034 Term Treasury ETF by 43.6% in the 3rd 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 last quarter. Finally, Flow Traders U.S. LLC purchased a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 3rd quarter worth $389,000.

iShares iBonds Dec 2034 Term Treasury ETF Stock Down 0.7%

Shares of NASDAQ:IBTP traded down $0.18 on Thursday, hitting $25.41. The company had a trading volume of 62,249 shares, compared to its average volume of 45,492. iShares iBonds Dec 2034 Term Treasury ETF has a 52-week low of $24.92 and a 52-week high of $26.32. The business has a 50 day moving average of $25.85 and a 200 day moving average of $25.93.

iShares iBonds Dec 2034 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.0796 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Monday, March 2nd.

About iShares iBonds Dec 2034 Term Treasury ETF

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.