iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Significant Decrease in Short Interest

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 60,100 shares, a decline of 20.7% from the February 28th total of 75,800 shares. Based on an average daily volume of 257,400 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

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

A number of large investors have recently modified their holdings of the company. Bank of Jackson Hole Trust acquired a new position in iShares iBonds Dec 2029 Term Treasury ETF during the fourth quarter worth $42,000. PSI Advisors LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the fourth quarter worth about $43,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter worth about $47,000. JPMorgan Chase & Co. bought a new position in iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter valued at about $68,000. Finally, Barrett & Company Inc. increased its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 1,075.0% during the 4th quarter. Barrett & Company Inc. now owns 4,700 shares of the company’s stock worth $100,000 after purchasing an additional 4,300 shares in the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

IBTJ stock opened at $21.79 on Monday. The company’s 50-day moving average is $21.52 and its 200-day moving average is $21.57. iShares iBonds Dec 2029 Term Treasury ETF has a 1 year low of $20.95 and a 1 year high of $22.22.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.0656 per share. This is an increase from iShares iBonds Dec 2029 Term Treasury ETF’s previous dividend of $0.07. The ex-dividend date was Monday, March 3rd.

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.