iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Short Interest Update

iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 61,824 shares, a decrease of 49.3% from the March 15th total of 122,019 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 665,501 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On iShares iBonds Dec 2028 Term Corporate ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Sarver Vrooman Wealth Advisors grew its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 5.5% in the third quarter. Sarver Vrooman Wealth Advisors now owns 8,956 shares of the company’s stock worth $229,000 after purchasing an additional 464 shares during the period. First Fiduciary Investment Counsel Inc. lifted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 0.9% in the third quarter. First Fiduciary Investment Counsel Inc. now owns 61,105 shares of the company’s stock worth $1,559,000 after buying an additional 520 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 5.4% in the third quarter. Prime Capital Investment Advisors LLC now owns 10,541 shares of the company’s stock worth $269,000 after buying an additional 541 shares in the last quarter. Reliant Wealth Planning lifted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 0.8% in the fourth quarter. Reliant Wealth Planning now owns 68,109 shares of the company’s stock worth $1,734,000 after buying an additional 542 shares in the last quarter. Finally, American Trust lifted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 2.7% in the fourth quarter. American Trust now owns 21,548 shares of the company’s stock worth $549,000 after buying an additional 563 shares in the last quarter.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

IBDT traded up $0.03 during midday trading on Monday, reaching $25.31. The company’s stock had a trading volume of 460,455 shares, compared to its average volume of 718,794. iShares iBonds Dec 2028 Term Corporate ETF has a 1 year low of $24.97 and a 1 year high of $25.74. The stock’s 50-day moving average is $25.38 and its 200-day moving average is $25.44.

About iShares iBonds Dec 2028 Term Corporate ETF

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.