iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Down 45.0% in July

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 145,744 shares, a drop of 45.0% from the July 15th total of 264,882 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 316,249 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. United Capital Financial Advisors LLC raised its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 65.5% in the 3rd quarter. United Capital Financial Advisors LLC now owns 805,137 shares of the company’s stock valued at $17,677,000 after purchasing an additional 318,717 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 6.5% during the first quarter. NewEdge Advisors LLC now owns 454,037 shares of the company’s stock worth $9,918,000 after buying an additional 27,825 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 59.2% during the first quarter. Janney Montgomery Scott LLC now owns 254,141 shares of the company’s stock worth $5,551,000 after buying an additional 94,538 shares in the last quarter. Ameriprise Financial Inc. increased its stake 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 worth $3,890,000 after buying an additional 116,250 shares during the last quarter. Finally, Thoroughbred Financial Services LLC increased its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 10.3% in the fourth quarter. Thoroughbred Financial Services LLC now owns 157,751 shares of the company’s stock worth $3,461,000 after buying an additional 14,766 shares during the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

Shares of NASDAQ IBTJ remained flat at $21.58 during midday trading on Monday. The stock had a trading volume of 529,625 shares, compared to its average volume of 282,172. iShares iBonds Dec 2029 Term Treasury ETF has a twelve month low of $21.49 and a twelve month high of $22.13. The stock’s 50-day moving average price is $21.58 and its two-hundred day moving average price is $21.74.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.0686 per share. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.