iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sets New 12-Month Low – Here’s Why

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $21.44 and last traded at $21.45, with a volume of 13262 shares changing hands. The stock had previously closed at $21.53.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

The company’s 50 day moving average is $21.57 and its 200 day moving average is $21.71.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.0686 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, August 3rd. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07.

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

A number of hedge funds have recently made changes to their positions in IBTJ. Basepoint Wealth LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the first quarter worth about $44,000. High Note Wealth LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter valued at approximately $61,000. Pinnacle Bancorp Inc. raised its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 14.9% in the 1st quarter. Pinnacle Bancorp Inc. now owns 5,277 shares of the company’s stock valued at $115,000 after buying an additional 683 shares during the last quarter. Koss Olinger Consulting LLC acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the 1st quarter worth approximately $280,000. Finally, Advisory Services Network LLC boosted its position in iShares iBonds Dec 2029 Term Treasury ETF by 1,083.9% during the 4th quarter. Advisory Services Network LLC now owns 12,928 shares of the company’s stock worth $284,000 after buying an additional 11,836 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.