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

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 72,000 shares, a decline of 8.2% from the August 15th total of 78,400 shares. Based on an average daily trading volume, of 35,700 shares, the short-interest ratio is currently 2.0 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Confluence Investment Management LLC boosted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 4.0% in the 1st quarter. Confluence Investment Management LLC now owns 389,647 shares of the company’s stock worth $8,638,000 after buying an additional 14,885 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 1st quarter worth $2,007,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 2nd quarter worth about $236,000.

iShares iBonds Dec 2029 Term Treasury ETF Trading Down 0.2 %

iShares iBonds Dec 2029 Term Treasury ETF stock traded down $0.04 during trading on Tuesday, hitting $21.13. 449 shares of the company were exchanged, compared to its average volume of 25,238. The business’s 50 day moving average is $21.38 and its 200 day moving average is $21.78. iShares iBonds Dec 2029 Term Treasury ETF has a 52 week low of $21.03 and a 52 week high of $22.50.

iShares iBonds Dec 2029 Term Treasury ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Tuesday, September 5th were issued a $0.0644 dividend. The ex-dividend date of this dividend was Friday, September 1st. This represents a $0.77 annualized dividend and a dividend yield of 3.66%.

About iShares iBonds Dec 2029 Term Treasury ETF

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.