iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sets New 1-Year High – Here’s Why

Shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $22.17 and last traded at $22.17, with a volume of 500 shares trading hands. The stock had previously closed at $21.64.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.1%

The company has a 50 day moving average price of $21.68 and a two-hundred day moving average price of $21.83.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.0689 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IBTJ. United Capital Financial Advisors LLC raised its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 65.5% during the 3rd quarter. United Capital Financial Advisors LLC now owns 805,137 shares of the company’s stock valued at $17,677,000 after purchasing an additional 318,717 shares during the period. NewEdge Advisors LLC increased 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 buying an additional 27,825 shares in the last quarter. Rebalance LLC raised its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 22.3% during the fourth quarter. Rebalance LLC now owns 255,822 shares of the company’s stock valued at $5,614,000 after acquiring an additional 46,663 shares during the period. Janney Montgomery Scott LLC raised its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 59.2% during the first quarter. Janney Montgomery Scott LLC now owns 254,141 shares of the company’s stock valued at $5,551,000 after acquiring an additional 94,538 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 188.3% in the third quarter. Ameriprise Financial Inc. now owns 177,997 shares of the company’s stock valued at $3,890,000 after acquiring an additional 116,250 shares in 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.