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

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 31,357 shares, a decline of 47.4% from the May 14th total of 59,576 shares. Based on an average trading volume of 63,616 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Atlantic Union Bankshares Corp increased its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 32.6% in the fourth quarter. Atlantic Union Bankshares Corp now owns 1,272,993 shares of the company’s stock worth $32,855,000 after purchasing an additional 313,063 shares during the period. Confluence Investment Management LLC increased its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 11.4% in the fourth quarter. Confluence Investment Management LLC now owns 716,175 shares of the company’s stock worth $18,484,000 after purchasing an additional 73,471 shares during the period. Atlantic Private Wealth LLC increased its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 7.2% in the fourth quarter. Atlantic Private Wealth LLC now owns 234,732 shares of the company’s stock worth $6,058,000 after purchasing an additional 15,687 shares during the period. United Capital Financial Advisors LLC increased its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 43.6% in the third quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock worth $1,562,000 after purchasing an additional 18,300 shares during the period. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF in the third quarter worth $389,000.

iShares iBonds Dec 2034 Term Treasury ETF Trading Down 0.2%

IBTP stock traded down $0.05 during midday trading on Friday, reaching $25.28. 29,812 shares of the company’s stock traded hands, compared to its average volume of 48,923. The company has a 50-day moving average price of $25.42 and a two-hundred day moving average price of $25.71. iShares iBonds Dec 2034 Term Treasury ETF has a 52 week low of $24.98 and a 52 week high of $26.32.

iShares iBonds Dec 2034 Term Treasury ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.086 per share. The ex-dividend date of this dividend was Monday, June 1st.

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.