iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Significant Decline in Short Interest

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 194,801 shares, a decline of 32.6% from the December 31st total of 289,025 shares. Based on an average daily trading volume, of 370,083 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 370,083 shares, the short-interest ratio is currently 0.5 days.

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

A number of institutional investors and hedge funds have recently modified their holdings of IBTJ. Leavell Investment Management Inc. grew its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 84.0% during the third quarter. Leavell Investment Management Inc. now owns 65,376 shares of the company’s stock worth $1,435,000 after buying an additional 29,854 shares in the last quarter. Montecito Bank & Trust acquired a new position in iShares iBonds Dec 2029 Term Treasury ETF during the third quarter worth about $1,175,000. Janney Montgomery Scott LLC grew its stake in iShares iBonds Dec 2029 Term Treasury ETF by 21.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 125,767 shares of the company’s stock valued at $2,757,000 after acquiring an additional 22,443 shares in the last quarter. Boston Family Office LLC raised its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 30.1% in the 2nd quarter. Boston Family Office LLC now owns 107,789 shares of the company’s stock valued at $2,363,000 after acquiring an additional 24,916 shares during the last quarter. Finally, Strategic Blueprint LLC lifted its stake in iShares iBonds Dec 2029 Term Treasury ETF by 136.8% in the 2nd quarter. Strategic Blueprint LLC now owns 37,654 shares of the company’s stock worth $825,000 after purchasing an additional 21,753 shares in the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.1%

Shares of IBTJ traded up $0.03 during trading hours on Friday, reaching $21.98. 192,156 shares of the company traded hands, compared to its average volume of 343,863. iShares iBonds Dec 2029 Term Treasury ETF has a 12-month low of $21.26 and a 12-month high of $22.08. The stock’s fifty day moving average price is $21.95 and its 200 day moving average price is $21.94.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

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

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.