iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Update
by Renee Jackson · The Cerbat GemiShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ – Get Free Report) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 76,633 shares, a decrease of 68.5% from the March 15th total of 243,426 shares. Based on an average daily trading volume, of 246,239 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.
iShares iBonds Dec 2029 Term Treasury ETF Price Performance
NASDAQ:IBTJ traded up $0.02 during mid-day trading on Monday, hitting $21.82. 295,950 shares of the stock traded hands, compared to its average volume of 286,269. The business’s 50-day moving average price is $21.90 and its 200 day moving average price is $21.94. iShares iBonds Dec 2029 Term Treasury ETF has a 12-month low of $21.57 and a 12-month high of $22.13.
iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were issued a $0.0687 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This is an increase from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a dividend yield of 3.8%.
Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Treasury ETF
Several large investors have recently added to or reduced their stakes in the business. Kohmann Bosshard Financial Services LLC bought a new position in iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter worth about $48,000. High Note Wealth LLC purchased a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter valued at about $61,000. Pinnacle Bancorp Inc. bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter valued at about $101,000. Towne Trust Company N.A grew its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 1,105.1% during the fourth quarter. Towne Trust Company N.A now owns 8,436 shares of the company’s stock worth $185,000 after purchasing an additional 7,736 shares in the last quarter. Finally, Opus Capital Group LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter worth about $274,000.
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.