iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sets New 52-Week High – Here’s Why

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) reached a new 52-week high on Tuesday . The company traded as high as $22.08 and last traded at $22.0650, with a volume of 125989 shares. The stock had previously closed at $22.03.

iShares iBonds Dec 2029 Term Treasury ETF Trading Up 0.2%

The business has a 50-day simple moving average of $21.98 and a 200-day simple moving average of $21.86.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were paid a $0.0685 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 3.7%.

Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

Large investors have recently added to or reduced their stakes in the stock. Crews Bank & Trust increased its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 3.4% during the second quarter. Crews Bank & Trust now owns 14,160 shares of the company’s stock worth $310,000 after purchasing an additional 460 shares in the last quarter. Heartland Bank & Trust Co boosted its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 3.1% in the 2nd quarter. Heartland Bank & Trust Co now owns 18,350 shares of the company’s stock worth $402,000 after buying an additional 556 shares during the last quarter. Captrust Financial Advisors increased its stake in iShares iBonds Dec 2029 Term Treasury ETF by 0.7% during the 3rd quarter. Captrust Financial Advisors now owns 94,729 shares of the company’s stock worth $2,080,000 after buying an additional 674 shares in the last quarter. Cary Street Partners Financial LLC increased its stake in iShares iBonds Dec 2029 Term Treasury ETF by 3.2% during the 2nd quarter. Cary Street Partners Financial LLC now owns 40,960 shares of the company’s stock worth $898,000 after buying an additional 1,289 shares in the last quarter. Finally, Bank of Jackson Hole Trust raised its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 73.2% during the first quarter. Bank of Jackson Hole Trust now owns 3,388 shares of the company’s stock valued at $74,000 after acquiring an additional 1,432 shares during the last quarter.

About iShares iBonds Dec 2029 Term Treasury ETF

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.