iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Sees Significant Decline in Short Interest

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 60,181 shares, a decrease of 40.8% from the July 15th total of 101,650 shares. Based on an average daily trading volume, of 162,739 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Trading of iShares iBonds Dec 2033 Term Treasury ETF

Institutional investors have recently bought and sold shares of the business. United Capital Financial Advisors LLC increased its holdings in shares of iShares iBonds Dec 2033 Term Treasury ETF by 43.5% during the third quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock worth $1,557,000 after purchasing an additional 19,157 shares during the period. Janney Montgomery Scott LLC bought a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF in the first quarter valued at approximately $1,595,000. Thoroughbred Financial Services LLC grew its position in iShares iBonds Dec 2033 Term Treasury ETF by 117.8% during the fourth quarter. Thoroughbred Financial Services LLC now owns 70,348 shares of the company’s stock worth $1,727,000 after buying an additional 38,042 shares in the last quarter. Ameriprise Financial Inc. bought a new position in iShares iBonds Dec 2033 Term Treasury ETF during the 3rd quarter worth $2,554,000. Finally, Headland Capital LLC increased its stake in iShares iBonds Dec 2033 Term Treasury ETF by 2.9% during the 4th quarter. Headland Capital LLC now owns 303,888 shares of the company’s stock worth $7,462,000 after acquiring an additional 8,552 shares during the period.

iShares iBonds Dec 2033 Term Treasury ETF Stock Up 0.0%

Shares of IBTO traded up $0.01 during midday trading on Tuesday, reaching $23.81. 67,324 shares of the stock were exchanged, compared to its average volume of 93,868. iShares iBonds Dec 2033 Term Treasury ETF has a twelve month low of $23.73 and a twelve month high of $25.00. The stock’s 50 day simple moving average is $23.94 and its 200 day simple moving average is $24.22.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.0864 per share. This is a positive change from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Monday, August 3rd.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.