iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Short Interest Down 18.5% in April

iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 70,019 shares, a decline of 18.5% from the March 31st total of 85,916 shares. Based on an average trading volume of 701,708 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

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

Several large investors have recently bought and sold shares of IBDU. RVW Wealth LLC lifted its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 12.8% during the 4th quarter. RVW Wealth LLC now owns 1,059,999 shares of the company’s stock worth $24,809,000 after buying an additional 120,240 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 15.4% in the 4th quarter. Captrust Financial Advisors now owns 590,443 shares of the company’s stock valued at $13,819,000 after acquiring an additional 78,809 shares during the last quarter. Lyell Wealth Management LP raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 21.7% during the 4th quarter. Lyell Wealth Management LP now owns 486,066 shares of the company’s stock worth $11,376,000 after acquiring an additional 86,833 shares in the last quarter. Rebalance LLC raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 1.6% during the 4th quarter. Rebalance LLC now owns 435,397 shares of the company’s stock worth $10,190,000 after acquiring an additional 6,662 shares in the last quarter. Finally, Spinnaker Trust lifted its stake in iShares iBonds Dec 2029 Term Corporate ETF by 34.8% during the first quarter. Spinnaker Trust now owns 410,790 shares of the company’s stock worth $9,555,000 after purchasing an additional 106,073 shares during the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Trading Down 0.3%

NYSEARCA IBDU traded down $0.07 on Friday, hitting $23.18. 391,907 shares of the stock were exchanged, compared to its average volume of 767,078. iShares iBonds Dec 2029 Term Corporate ETF has a fifty-two week low of $22.93 and a fifty-two week high of $23.65. The company has a 50-day moving average price of $23.30 and a 200-day moving average price of $23.39.

iShares iBonds Dec 2029 Term Corporate ETF Company Profile

The iShares iBonds Dec 2029 Term Corporate ETF (IBDU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment-grade corporate bonds maturing between Jan 1 and Dec 15, 2029. IBDU was launched on Sep 17, 2019 and is managed by BlackRock.