iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Down 47.0% in June

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 92,091 shares, a decline of 47.0% from the May 31st total of 173,753 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 297,270 shares, the days-to-cover ratio is currently 0.3 days.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.0%

iShares iBonds Dec 2029 Term Treasury ETF stock opened at $21.68 on Tuesday. The business’s 50-day moving average price is $21.67 and its 200 day moving average price is $21.83. iShares iBonds Dec 2029 Term Treasury ETF has a 52 week low of $21.54 and a 52 week high of $22.13.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a $0.0689 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 3.8%. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07.

Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

Several institutional investors have recently made changes to their positions in the company. United Capital Financial Advisors LLC grew its position in iShares iBonds Dec 2029 Term Treasury ETF by 65.5% during the third quarter. United Capital Financial Advisors LLC now owns 805,137 shares of the company’s stock valued at $17,677,000 after buying an additional 318,717 shares during the period. NewEdge Advisors LLC raised its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 6.5% in the first quarter. NewEdge Advisors LLC now owns 454,037 shares of the company’s stock worth $9,918,000 after acquiring an additional 27,825 shares during the period. Rebalance LLC raised its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 22.3% in the fourth quarter. Rebalance LLC now owns 255,822 shares of the company’s stock worth $5,614,000 after acquiring an additional 46,663 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 59.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 254,141 shares of the company’s stock worth $5,551,000 after acquiring an additional 94,538 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 188.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 177,997 shares of the company’s stock worth $3,890,000 after acquiring an additional 116,250 shares in the last quarter.

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.