iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Short Interest Down 45.0% in July

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 145,744 shares, a decline of 45.0% from the July 15th total of 264,882 shares. Based on an average daily volume of 316,249 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

Several large investors have recently made changes to their positions in the business. Parallel Advisors LLC grew its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 4.9% in the 1st quarter. Parallel Advisors LLC now owns 149,253 shares of the company’s stock worth $3,260,000 after purchasing an additional 7,024 shares during the last quarter. NewEdge Advisors LLC grew its position in iShares iBonds Dec 2029 Term Treasury ETF by 6.5% in the first quarter. NewEdge Advisors LLC now owns 454,037 shares of the company’s stock worth $9,918,000 after buying an additional 27,825 shares during the last quarter. Reliant Wealth Planning grew its position in iShares iBonds Dec 2029 Term Treasury ETF by 8.1% in the first quarter. Reliant Wealth Planning now owns 60,419 shares of the company’s stock worth $1,320,000 after buying an additional 4,544 shares during the last quarter. Basepoint Wealth LLC bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the first quarter valued at $44,000. Finally, Koss Olinger Consulting LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 1st quarter valued at $280,000.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

Shares of NASDAQ IBTJ opened at $21.58 on Wednesday. iShares iBonds Dec 2029 Term Treasury ETF has a 1 year low of $21.49 and a 1 year high of $22.13. The stock has a fifty day moving average price of $21.58 and a two-hundred day moving average price of $21.73.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were issued a dividend of $0.0686 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is an increase from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.