iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Update

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 323,718 shares, an increase of 122.1% from the July 30th total of 145,744 shares. Based on an average daily trading volume, of 223,471 shares, the short-interest ratio is currently 1.4 days. Approximately 0.5% of the shares of the stock are short sold.

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

Large investors have recently bought and sold shares of the business. NewEdge Advisors LLC increased its stake in iShares iBonds Dec 2029 Term Treasury ETF by 713.5% during the third quarter. NewEdge Advisors LLC now owns 386,300 shares of the company’s stock worth $8,481,000 after acquiring an additional 338,814 shares during the last quarter. United Capital Financial Advisors LLC lifted its stake 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 during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 188.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 177,997 shares of the company’s stock worth $3,890,000 after purchasing an additional 116,250 shares during the period. Hughes Financial Services LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter worth approximately $2,152,000. Finally, Janney Montgomery Scott LLC increased its position 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 valued at $5,551,000 after purchasing an additional 94,538 shares during the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

NASDAQ IBTJ traded down $0.05 during trading on Friday, hitting $21.53. 305,278 shares of the stock traded hands, compared to its average volume of 282,994. The firm has a 50-day simple moving average of $21.57 and a 200-day simple moving average of $21.71. iShares iBonds Dec 2029 Term Treasury ETF has a 12-month low of $21.49 and a 12-month high of $22.13.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

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

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.