iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Reaches New 1-Year Low – Time to Sell?

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ)’s share price hit a new 52-week low on Wednesday . The stock traded as low as $21.52 and last traded at $21.53, with a volume of 15894 shares. The stock had previously closed at $21.55.

iShares iBonds Dec 2029 Term Treasury ETF Stock Down 0.1%

The business’s 50 day moving average price is $21.61 and its 200-day moving average price is $21.79.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.0669 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%.

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Parallel Advisors LLC lifted its position in iShares iBonds Dec 2029 Term Treasury ETF by 4.9% during the 1st quarter. Parallel Advisors LLC now owns 149,253 shares of the company’s stock worth $3,260,000 after buying an additional 7,024 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 6.5% during 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. Reliant Wealth Planning lifted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 8.1% during the first quarter. Reliant Wealth Planning now owns 60,419 shares of the company’s stock valued at $1,320,000 after acquiring an additional 4,544 shares during the period. Basepoint Wealth LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 1st quarter worth approximately $44,000. Finally, Koss Olinger Consulting LLC bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 1st quarter worth $280,000.

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.