iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Update

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 160,864 shares, a decline of 46.9% from the August 31st total of 302,731 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 270,995 shares, the days-to-cover ratio is currently 0.6 days.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

Shares of iShares iBonds Dec 2029 Term Treasury ETF stock remained flat at $21.23 during trading on Wednesday. 789,538 shares of the stock were exchanged, compared to its average volume of 293,477. iShares iBonds Dec 2029 Term Treasury ETF has a 12 month low of $21.19 and a 12 month high of $22.13. The firm has a 50-day simple moving average of $21.45 and a 200-day simple moving average of $21.61.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.0695 dividend. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.0686. This represents a $0.83 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, September 1st.

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

Institutional investors have recently added to or reduced their stakes in the business. Pinnacle Bancorp Inc. increased its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 14.9% in the first quarter. Pinnacle Bancorp Inc. now owns 5,277 shares of the company’s stock worth $115,000 after buying an additional 683 shares during the period. Basepoint Wealth LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 1st quarter valued at about $44,000. Reliant Wealth Planning boosted its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 8.1% during the 1st quarter. Reliant Wealth Planning now owns 60,419 shares of the company’s stock valued at $1,320,000 after acquiring an additional 4,544 shares during the period. Parallel Advisors LLC boosted its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 3.7% during the 4th quarter. Parallel Advisors LLC now owns 142,229 shares of the company’s stock valued at $3,121,000 after acquiring an additional 5,115 shares during the period. Finally, Koss Olinger Consulting LLC bought a new position in iShares iBonds Dec 2029 Term Treasury ETF during the 1st quarter worth approximately $280,000.

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.