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

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 64,000 shares, a growth of 60.4% from the October 15th total of 39,900 shares. Based on an average trading volume of 97,700 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of IBTJ. Janney Montgomery Scott LLC bought a new position in iShares iBonds Dec 2029 Term Treasury ETF in the first quarter worth $1,318,000. Integrated Wealth Concepts LLC lifted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 125.5% during the third quarter. Integrated Wealth Concepts LLC now owns 33,497 shares of the company’s stock valued at $740,000 after acquiring an additional 18,644 shares during the period. Captrust Financial Advisors bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter valued at $360,000. Leavell Investment Management Inc. bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter valued at $317,000. Finally, Cary Street Partners Asset Management LLC bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter valued at $252,000.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

IBTJ opened at $21.41 on Friday. iShares iBonds Dec 2029 Term Treasury ETF has a 1-year low of $20.95 and a 1-year high of $22.22. The business has a 50 day moving average of $21.82 and a 200-day moving average of $21.62.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.0722 dividend. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a $0.87 annualized dividend and a yield of 4.05%. The ex-dividend date of this dividend was Friday, November 1st.

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.