iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Short Interest Down 41.9% in July

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 140,687 shares, a decrease of 41.9% from the June 30th total of 242,122 shares. Based on an average daily volume of 893,713 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

iShares iBonds Dec 2030 Term Corporate ETF Trading Down 0.1%

IBDV stock traded down $0.03 during mid-day trading on Friday, reaching $21.61. The company’s stock had a trading volume of 465,393 shares, compared to its average volume of 728,164. iShares iBonds Dec 2030 Term Corporate ETF has a 12 month low of $21.55 and a 12 month high of $22.41. The business’s 50 day moving average price is $21.71 and its 200 day moving average price is $21.88.

Institutional Investors Weigh In On iShares iBonds Dec 2030 Term Corporate ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 162.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 304,382 shares of the company’s stock valued at $6,742,000 after buying an additional 188,371 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 13.2% in the third quarter. Integrated Wealth Concepts LLC now owns 42,243 shares of the company’s stock worth $936,000 after acquiring an additional 4,940 shares in the last quarter. United Capital Financial Advisors LLC boosted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 6.5% in the third quarter. United Capital Financial Advisors LLC now owns 81,590 shares of the company’s stock worth $1,807,000 after acquiring an additional 4,994 shares in the last quarter. American Trust bought a new position in iShares iBonds Dec 2030 Term Corporate ETF in the third quarter worth approximately $370,000. Finally, NewEdge Advisors LLC grew its stake in iShares iBonds Dec 2030 Term Corporate ETF by 37.9% in the third quarter. NewEdge Advisors LLC now owns 949,500 shares of the company’s stock valued at $21,031,000 after acquiring an additional 260,892 shares during the period.

About iShares iBonds Dec 2030 Term Corporate ETF

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment-grade corporate bonds maturing between Jan 1 and Dec 15, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.