iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Short Interest Down 40.8% in July

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 60,181 shares, a decrease of 40.8% from the July 15th total of 101,650 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 162,739 shares, the days-to-cover ratio is presently 0.4 days.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

NASDAQ:IBTO opened at $23.83 on Monday. The stock has a 50-day moving average price of $23.94 and a 200 day moving average price of $24.23. iShares iBonds Dec 2033 Term Treasury ETF has a 12-month low of $23.73 and a 12-month high of $25.00.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.0864 per share. This is a positive change from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.4%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IBTO. United Capital Financial Advisors LLC increased its position in iShares iBonds Dec 2033 Term Treasury ETF by 43.5% in the third 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. Janney Montgomery Scott LLC purchased a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF in the 1st quarter worth $1,595,000. Thoroughbred Financial Services LLC increased its holdings in shares of iShares iBonds Dec 2033 Term Treasury ETF by 117.8% in the 4th quarter. Thoroughbred Financial Services LLC now owns 70,348 shares of the company’s stock worth $1,727,000 after buying an additional 38,042 shares during the last quarter. Ameriprise Financial Inc. bought a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF in the 3rd quarter worth about $2,554,000. Finally, Headland Capital LLC raised its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 2.9% during the 4th quarter. Headland Capital LLC now owns 303,888 shares of the company’s stock valued at $7,462,000 after buying an additional 8,552 shares in the last quarter.

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.