iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Short Interest Down 89.5% in March

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the recipient of a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 10,667 shares, a decline of 89.5% from the March 15th total of 101,595 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 27,877 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On iShares iBonds Dec 2034 Term Treasury ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dearborn Partners LLC acquired a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF in the 4th quarter valued at $206,000. Thoroughbred Financial Services LLC acquired a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF in the 3rd quarter valued at $233,000. Flow Traders U.S. LLC acquired a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF in the 3rd quarter valued at $389,000. United Capital Financial Advisors LLC lifted its stake in shares of iShares iBonds Dec 2034 Term Treasury ETF by 43.6% in the 3rd quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock valued at $1,562,000 after purchasing an additional 18,300 shares during the last quarter. Finally, Atlantic Private Wealth LLC lifted its stake 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 purchasing an additional 42,927 shares during the last quarter.

iShares iBonds Dec 2034 Term Treasury ETF Stock Performance

NASDAQ IBTP traded down $0.05 on Friday, reaching $25.58. 16,174 shares of the company were exchanged, compared to its average volume of 43,036. The business’s fifty day moving average price is $25.80 and its 200 day moving average price is $25.89. iShares iBonds Dec 2034 Term Treasury ETF has a fifty-two week low of $24.92 and a fifty-two week high of $26.32.

iShares iBonds Dec 2034 Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were paid a dividend of $0.0872 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. This is an increase from iShares iBonds Dec 2034 Term Treasury ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Wednesday, April 1st.

iShares iBonds Dec 2034 Term Treasury ETF Company Profile

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.