iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Short Interest Update

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 54,128 shares, a decrease of 77.3% from the April 30th total of 238,394 shares. Based on an average daily trading volume, of 488,550 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Corporate ETF

A number of institutional investors have recently added to or reduced their stakes in IBDW. Ameriprise Financial Inc. boosted its position in iShares iBonds Dec 2031 Term Corporate ETF by 32.7% during the third quarter. Ameriprise Financial Inc. now owns 2,076,772 shares of the company’s stock valued at $44,108,000 after purchasing an additional 511,560 shares in the last quarter. NewEdge Advisors LLC boosted its position in iShares iBonds Dec 2031 Term Corporate ETF by 30.1% during the third quarter. NewEdge Advisors LLC now owns 1,136,720 shares of the company’s stock valued at $24,121,000 after purchasing an additional 262,710 shares in the last quarter. JPMorgan Chase & Co. boosted its position in iShares iBonds Dec 2031 Term Corporate ETF by 122.3% during the third quarter. JPMorgan Chase & Co. now owns 319,029 shares of the company’s stock valued at $6,770,000 after purchasing an additional 175,548 shares in the last quarter. Sarver Vrooman Wealth Advisors boosted its position in iShares iBonds Dec 2031 Term Corporate ETF by 6.3% during the fourth quarter. Sarver Vrooman Wealth Advisors now owns 2,316,263 shares of the company’s stock valued at $48,989,000 after purchasing an additional 136,491 shares in the last quarter. Finally, Atlantic Union Bankshares Corp boosted its position in iShares iBonds Dec 2031 Term Corporate ETF by 34.8% during the fourth quarter. Atlantic Union Bankshares Corp now owns 387,461 shares of the company’s stock valued at $8,195,000 after purchasing an additional 100,078 shares in the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Trading Up 0.1%

Shares of NYSEARCA IBDW traded up $0.03 during mid-day trading on Friday, reaching $20.91. 564,061 shares of the company were exchanged, compared to its average volume of 545,319. iShares iBonds Dec 2031 Term Corporate ETF has a 1 year low of $20.57 and a 1 year high of $21.78. The firm has a 50-day moving average of $20.89 and a 200 day moving average of $21.07.

iShares iBonds Dec 2031 Term Corporate ETF Company Profile

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.