iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Short Interest Update

iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) was the target of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 23,748 shares, a decline of 25.4% from the January 15th total of 31,830 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 90,356 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 90,356 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.3% of the shares of the stock are sold short.

iShares iBonds Dec 2034 Term Treasury ETF Stock Performance

Shares of IBTP opened at $26.09 on Tuesday. The company has a 50-day moving average price of $25.83 and a two-hundred day moving average price of $25.89. iShares iBonds Dec 2034 Term Treasury ETF has a 12 month low of $24.92 and a 12 month high of $26.26.

iShares iBonds Dec 2034 Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.0821 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.8%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of IBTP. Atlantic Union Bankshares Corp boosted its stake in shares of iShares iBonds Dec 2034 Term Treasury ETF by 32.6% in the 4th quarter. Atlantic Union Bankshares Corp now owns 1,272,993 shares of the company’s stock valued at $32,855,000 after purchasing an additional 313,063 shares in the last quarter. Confluence Investment Management LLC boosted its position in iShares iBonds Dec 2034 Term Treasury ETF by 11.4% in the fourth quarter. Confluence Investment Management LLC now owns 716,175 shares of the company’s stock valued at $18,484,000 after buying an additional 73,471 shares in the last quarter. Atlantic Private Wealth LLC grew its stake in iShares iBonds Dec 2034 Term Treasury ETF by 7.2% during the fourth quarter. Atlantic Private Wealth LLC now owns 234,732 shares of the company’s stock worth $6,058,000 after buying an additional 15,687 shares during the last quarter. United Capital Financial Advisors LLC grew its stake in iShares iBonds Dec 2034 Term Treasury ETF by 43.6% during the third quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock worth $1,562,000 after buying an additional 18,300 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in shares of iShares iBonds Dec 2034 Term Treasury ETF during the third quarter worth approximately $389,000.

iShares iBonds Dec 2034 Term Treasury ETF Company Profile

The iShares iBonds Dec 2034 Term Treasury ETF (IBTP) is an exchange-traded fund that is based on the ICE 2034 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2034. The fund will terminate in December 2034. IBTP was launched on Jun 11, 2024 and is issued by BlackRock.