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

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

iShares iBonds Dec 2029 Term Treasury ETF Trading Up 2.4%

The business has a fifty 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. Stockholders of record on Monday, June 1st were issued a $0.0689 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Monday, June 1st. This is an increase from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07.

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

Several hedge funds have recently added to or reduced their stakes in IBTJ. NewEdge Advisors LLC boosted its stake in iShares iBonds Dec 2029 Term Treasury ETF by 713.5% in the third quarter. NewEdge Advisors LLC now owns 386,300 shares of the company’s stock valued at $8,481,000 after acquiring an additional 338,814 shares in the last quarter. United Capital Financial Advisors LLC lifted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 65.5% in the 3rd quarter. United Capital Financial Advisors LLC now owns 805,137 shares of the company’s stock worth $17,677,000 after acquiring an additional 318,717 shares during the period. Ameriprise Financial Inc. increased its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 188.3% during the third quarter. Ameriprise Financial Inc. now owns 177,997 shares of the company’s stock worth $3,890,000 after acquiring an additional 116,250 shares during the period. Hughes Financial Services LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF during the fourth quarter worth about $2,152,000. Finally, Janney Montgomery Scott LLC lifted its position in iShares iBonds Dec 2029 Term Treasury ETF by 59.2% in the first quarter. Janney Montgomery Scott LLC now owns 254,141 shares of the company’s stock valued at $5,551,000 after purchasing an additional 94,538 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.