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 in the month of December. As of December 15th, there was short interest totaling 180,738 shares, a decline of 30.5% from the November 30th total of 259,877 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 566,400 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 566,400 shares, the short-interest ratio is currently 0.3 days. Currently, 0.5% of the company’s shares are sold short.

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

Large investors have recently added to or reduced their stakes in the business. Montecito Bank & Trust bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 3rd quarter valued at $1,175,000. Janney Montgomery Scott LLC grew its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 21.7% in the second quarter. Janney Montgomery Scott LLC now owns 125,767 shares of the company’s stock worth $2,757,000 after purchasing an additional 22,443 shares during the period. Leavell Investment Management Inc. increased its stake in iShares iBonds Dec 2029 Term Treasury ETF by 94.2% in the second quarter. Leavell Investment Management Inc. now owns 35,522 shares of the company’s stock valued at $779,000 after purchasing an additional 17,233 shares in the last quarter. Boston Family Office LLC increased its stake in iShares iBonds Dec 2029 Term Treasury ETF by 30.1% in the second quarter. Boston Family Office LLC now owns 107,789 shares of the company’s stock valued at $2,363,000 after purchasing an additional 24,916 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 12.1% during the second quarter. Parallel Advisors LLC now owns 125,708 shares of the company’s stock valued at $2,756,000 after purchasing an additional 13,557 shares during the period.

iShares iBonds Dec 2029 Term Treasury ETF Trading Up 0.1%

Shares of IBTJ traded up $0.02 during trading hours on Monday, hitting $21.97. 246,643 shares of the stock were exchanged, compared to its average volume of 232,244. iShares iBonds Dec 2029 Term Treasury ETF has a fifty-two week low of $21.15 and a fifty-two week high of $22.08. The business has a 50-day moving average of $21.97 and a 200-day moving average of $21.92.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.0634 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 3.5%.

About iShares iBonds Dec 2029 Term Treasury ETF

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.