iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Sees Large Drop in Short Interest

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 50,325 shares, a drop of 26.2% from the December 15th total of 68,181 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 85,738 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 85,738 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

Several large investors have recently modified their holdings of the business. Atlantic Union Bankshares Corp raised its stake in iShares iBonds Dec 2033 Term Treasury ETF by 27.1% in the second quarter. Atlantic Union Bankshares Corp now owns 931,860 shares of the company’s stock worth $22,838,000 after buying an additional 198,561 shares in the last quarter. Ameriprise Financial Inc. bought a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF in the 3rd quarter worth $2,554,000. Thoroughbred Financial Services LLC raised its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 159.9% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 32,306 shares of the company’s stock worth $796,000 after acquiring an additional 19,876 shares in the last quarter. United Capital Financial Advisors LLC lifted its stake in shares of iShares iBonds Dec 2033 Term Treasury ETF by 43.5% during the 3rd quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock worth $1,557,000 after purchasing an additional 19,157 shares during the last quarter. Finally, Headland Capital LLC boosted its position in iShares iBonds Dec 2033 Term Treasury ETF by 4.4% during the second quarter. Headland Capital LLC now owns 284,351 shares of the company’s stock valued at $6,969,000 after purchasing an additional 11,898 shares in the last quarter.

iShares iBonds Dec 2033 Term Treasury ETF Trading Down 0.3%

NASDAQ IBTO traded down $0.08 on Friday, reaching $24.50. 149,368 shares of the stock traded hands, compared to its average volume of 67,861. iShares iBonds Dec 2033 Term Treasury ETF has a 12 month low of $23.55 and a 12 month high of $24.96. The company has a fifty day moving average price of $24.66 and a 200-day moving average price of $24.58.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.0855 dividend. The ex-dividend date was Friday, December 19th. This is an increase from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a dividend yield of 4.2%.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.