iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Hits New 1-Year Low – What’s Next?

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) hit a new 52-week low on Tuesday . The company traded as low as $21.43 and last traded at $21.4450, with a volume of 157959 shares traded. The stock had previously closed at $21.46.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

The company has a 50 day moving average of $21.55 and a 200 day moving average of $21.69.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were given a $0.0695 dividend. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 3.9%. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07.

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

Several hedge funds have recently bought and sold shares of IBTJ. United Capital Financial Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 65.5% in the third quarter. United Capital Financial Advisors LLC now owns 805,137 shares of the company’s stock valued at $17,677,000 after buying an additional 318,717 shares during the period. NewEdge Advisors LLC boosted its stake in iShares iBonds Dec 2029 Term Treasury ETF by 6.5% in the 1st quarter. NewEdge Advisors LLC now owns 454,037 shares of the company’s stock worth $9,918,000 after purchasing an additional 27,825 shares during the period. Janney Montgomery Scott LLC boosted its stake in iShares iBonds Dec 2029 Term Treasury ETF by 59.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 254,141 shares of the company’s stock worth $5,551,000 after purchasing an additional 94,538 shares during the period. Ameriprise Financial Inc. increased its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 188.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 177,997 shares of the company’s stock worth $3,890,000 after purchasing an additional 116,250 shares in the last quarter. Finally, Thoroughbred Financial Services LLC raised its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 10.3% in the 4th quarter. Thoroughbred Financial Services LLC now owns 157,751 shares of the company’s stock valued at $3,461,000 after purchasing an additional 14,766 shares during the period.

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.