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

iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) saw a large decrease in short interest in March. As of March 31st, there was short interest totaling 85,916 shares, a decrease of 32.5% from the March 15th total of 127,362 shares. Based on an average daily volume of 1,012,171 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

IBDU traded up $0.02 during trading on Tuesday, reaching $23.30. 507,724 shares of the stock were exchanged, compared to its average volume of 808,772. The stock’s 50 day moving average price is $23.35 and its two-hundred day moving average price is $23.40. iShares iBonds Dec 2029 Term Corporate ETF has a twelve month low of $22.86 and a twelve month high of $23.65.

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

Several large investors have recently modified their holdings of the stock. RVW Wealth LLC lifted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 12.8% during the 4th quarter. RVW Wealth LLC now owns 1,059,999 shares of the company’s stock worth $24,809,000 after buying an additional 120,240 shares during the last quarter. Captrust Financial Advisors raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 15.4% in the fourth quarter. Captrust Financial Advisors now owns 590,443 shares of the company’s stock valued at $13,819,000 after buying an additional 78,809 shares in the last quarter. Lyell Wealth Management LP grew its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 21.7% during the 4th 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 in the last quarter. Rebalance LLC raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 1.6% in the 4th quarter. Rebalance LLC now owns 435,397 shares of the company’s stock valued at $10,190,000 after buying an additional 6,662 shares in the last quarter. Finally, Peloton Wealth Strategists raised its position in iShares iBonds Dec 2029 Term Corporate ETF by 9.8% during the fourth quarter. Peloton Wealth Strategists now owns 375,595 shares of the company’s stock valued at $8,791,000 after purchasing an additional 33,445 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.