iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Short Interest Update

iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 72,253 shares, a decline of 40.2% from the July 30th total of 120,841 shares. Based on an average daily trading volume, of 588,370 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

Shares of IBDU stock traded down $0.01 during trading hours on Monday, reaching $23.03. 55,306 shares of the company’s stock were exchanged, compared to its average volume of 739,749. iShares iBonds Dec 2029 Term Corporate ETF has a fifty-two week low of $22.98 and a fifty-two week high of $23.65. The stock’s 50 day moving average is $23.07 and its 200-day moving average is $23.19.

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

Hedge funds have recently made changes to their positions in the company. Lyell Wealth Management LP raised its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 21.7% during the fourth quarter. Lyell Wealth Management LP now owns 486,066 shares of the company’s stock worth $11,376,000 after purchasing an additional 86,833 shares during the last quarter. Godshalk Welsh Capital Management Inc. grew its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 32.9% during the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 132,750 shares of the company’s stock worth $3,088,000 after purchasing an additional 32,850 shares during the period. HORAN Wealth LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF during the 1st quarter worth approximately $526,000. Heartland Bank & Trust Co increased its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 401.6% during the 1st quarter. Heartland Bank & Trust Co now owns 148,493 shares of the company’s stock valued at $3,454,000 after purchasing an additional 118,889 shares in the last quarter. Finally, Roble Belko & Company Inc increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 174.7% in the first quarter. Roble Belko & Company Inc now owns 119,309 shares of the company’s stock valued at $2,775,000 after buying an additional 75,870 shares in the last quarter.

About iShares iBonds Dec 2029 Term Corporate ETF

The iShares iBonds Dec 2029 Term Corporate ETF (IBDU) 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. IBDU was launched on Sep 17, 2019 and is managed by BlackRock.