iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Large Volume Increase – What’s Next?

Shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw unusually-high trading volume on Tuesday . Approximately 1,937,888 shares traded hands during mid-day trading, an increase of 584% from the previous session’s volume of 283,441 shares.The stock last traded at $21.81 and had previously closed at $21.83.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

The company’s 50-day simple moving average is $21.88 and its 200 day simple moving average is $21.93.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were paid a $0.0687 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Wednesday, April 1st. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.06.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IBTJ. Baird Financial Group Inc. grew its stake in iShares iBonds Dec 2029 Term Treasury ETF by 141.8% in the 2nd quarter. Baird Financial Group Inc. now owns 103,277 shares of the company’s stock valued at $2,264,000 after buying an additional 60,569 shares during the last quarter. Ameriprise Financial Inc. grew its stake in iShares iBonds Dec 2029 Term Treasury ETF by 9.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 61,747 shares of the company’s stock valued at $1,353,000 after buying an additional 5,470 shares during the last quarter. Captrust Financial Advisors grew its stake in iShares iBonds Dec 2029 Term Treasury ETF by 31.9% in the 2nd quarter. Captrust Financial Advisors now owns 94,055 shares of the company’s stock valued at $2,062,000 after buying an additional 22,735 shares during the last quarter. Crews Bank & Trust grew its stake in iShares iBonds Dec 2029 Term Treasury ETF by 12.9% in the 3rd quarter. Crews Bank & Trust now owns 15,990 shares of the company’s stock valued at $351,000 after buying an additional 1,830 shares during the last quarter. Finally, Strategic Blueprint LLC grew its stake in iShares iBonds Dec 2029 Term Treasury ETF by 395.7% in the 3rd quarter. Strategic Blueprint LLC now owns 186,646 shares of the company’s stock valued at $4,098,000 after buying an additional 148,992 shares during the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

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.