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

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 74,800 shares, a growth of 24.5% from the March 15th total of 60,100 shares. Based on an average daily volume of 251,300 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the company’s shares are short sold.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

NASDAQ IBTJ remained flat at $21.79 on Friday. The company’s stock had a trading volume of 156,423 shares, compared to its average volume of 144,741. The company’s 50-day moving average price is $21.64 and its two-hundred day moving average price is $21.53. iShares iBonds Dec 2029 Term Treasury ETF has a 52 week low of $20.95 and a 52 week high of $22.22.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were issued a $0.0719 dividend. This represents a $0.86 annualized dividend and a dividend yield of 3.96%. The ex-dividend date was Tuesday, April 1st. This is an increase from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC lifted its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 9.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 86,290 shares of the company’s stock worth $1,840,000 after purchasing an additional 7,664 shares in the last quarter. Confluence Investment Management LLC increased its stake in iShares iBonds Dec 2029 Term Treasury ETF by 1.0% during the 4th quarter. Confluence Investment Management LLC now owns 360,901 shares of the company’s stock worth $7,697,000 after buying an additional 3,744 shares during the period. United Capital Financial Advisors LLC boosted its position in iShares iBonds Dec 2029 Term Treasury ETF by 136.1% in the 4th quarter. United Capital Financial Advisors LLC now owns 64,060 shares of the company’s stock valued at $1,366,000 after buying an additional 36,928 shares during the period. Boston Family Office LLC grew its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 12.4% in the fourth quarter. Boston Family Office LLC now owns 79,658 shares of the company’s stock worth $1,699,000 after acquiring an additional 8,782 shares in the last quarter. Finally, PSI Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the fourth quarter worth $43,000.

About iShares iBonds Dec 2029 Term Treasury ETF

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.