iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Sees Large Decrease in Short Interest

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 9,273 shares, a drop of 24.8% from the November 30th total of 12,324 shares. Based on an average trading volume of 50,861 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 50,861 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of iShares iBonds Dec 2034 Term Treasury ETF

Several large investors have recently bought and sold shares of the company. Atlantic Union Bankshares Corp raised its stake in iShares iBonds Dec 2034 Term Treasury ETF by 8.7% during the second quarter. Atlantic Union Bankshares Corp now owns 789,078 shares of the company’s stock valued at $20,283,000 after buying an additional 63,360 shares in the last quarter. Atlantic Private Wealth LLC increased its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 24.4% in the 3rd quarter. Atlantic Private Wealth LLC now owns 219,045 shares of the company’s stock valued at $5,675,000 after acquiring an additional 42,927 shares during the last quarter. Thoroughbred Financial Services LLC acquired a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 3rd quarter valued at approximately $233,000. Flow Traders U.S. LLC acquired a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 3rd quarter valued at approximately $389,000. Finally, United Capital Financial Advisors LLC lifted its stake in iShares iBonds Dec 2034 Term Treasury ETF by 43.6% during the third quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock worth $1,562,000 after purchasing an additional 18,300 shares during the last quarter.

iShares iBonds Dec 2034 Term Treasury ETF Trading Down 0.3%

iShares iBonds Dec 2034 Term Treasury ETF stock opened at $25.81 on Thursday. The stock has a fifty day moving average price of $25.97 and a 200 day moving average price of $25.80. iShares iBonds Dec 2034 Term Treasury ETF has a 52 week low of $24.43 and a 52 week high of $26.26.

iShares iBonds Dec 2034 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a $0.0893 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

About iShares iBonds Dec 2034 Term Treasury ETF

The iShares iBonds Dec 2034 Term Treasury ETF (IBTP) is an exchange-traded fund that is based on the ICE 2034 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2034. The fund will terminate in December 2034. IBTP was launched on Jun 11, 2024 and is issued by BlackRock.