Farther Finance Advisors LLC Buys 45,174 Shares of iShares iBonds Dec 2029 Term Treasury ETF $IBTJ

Farther Finance Advisors LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) in the third quarter, HoldingsChannel reports. The institutional investor purchased 45,174 shares of the company’s stock, valued at approximately $1,012,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Heartwood Wealth Advisors LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF in the third quarter valued at about $39,285,000. Confluence Investment Management LLC bought a new position in iShares iBonds Dec 2029 Term Treasury ETF in the 3rd quarter worth about $11,674,000. NewEdge Advisors LLC lifted its position in iShares iBonds Dec 2029 Term Treasury ETF by 6.5% in the first 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 raised its holdings in shares of 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 in the last quarter. Finally, Montecito Bank & Trust bought a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the third quarter worth approximately $5,429,000.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

Shares of NASDAQ:IBTJ opened at $21.30 on Friday. The firm has a 50 day simple moving average of $21.38 and a 200 day simple moving average of $21.56. iShares iBonds Dec 2029 Term Treasury ETF has a 52 week low of $21.16 and a 52 week high of $22.13.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.0668 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.80 annualized dividend and a yield of 3.8%. This is a decrease from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.0695.

iShares iBonds Dec 2029 Term Treasury ETF 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.