iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Unusually-High Trading Volume – Should You Buy?

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw strong trading volume on Friday. 1,013,009 shares traded hands during mid-day trading, an increase of 258% from the previous session’s volume of 283,238 shares. The stock last traded at $21.2250 and had previously closed at $21.20.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.1%

The business has a fifty day moving average of $21.48 and a 200 day moving average of $21.63.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a $0.0695 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 3.9%. This is a positive change from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.0686. The ex-dividend date was Tuesday, September 1st.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. NewEdge Advisors LLC grew its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 6.5% during the first quarter. NewEdge Advisors LLC now owns 454,037 shares of the company’s stock valued at $9,918,000 after purchasing an additional 27,825 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 59.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 254,141 shares of the company’s stock worth $5,551,000 after purchasing an additional 94,538 shares during the last quarter. Thoroughbred Financial Services LLC lifted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 10.3% in the 4th quarter. Thoroughbred Financial Services LLC now owns 157,751 shares of the company’s stock worth $3,461,000 after purchasing an additional 14,766 shares during the last quarter. Parallel Advisors LLC boosted 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 valued at $3,260,000 after purchasing an additional 7,024 shares during the period. Finally, Boston Family Office LLC boosted its position in iShares iBonds Dec 2029 Term Treasury ETF by 14.9% during the 4th quarter. Boston Family Office LLC now owns 126,211 shares of the company’s stock valued at $2,770,000 after purchasing an additional 16,345 shares during the period.

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.