iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Reaches New 12-Month Low – Should You Sell?

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as $21.54 and last traded at $21.54, with a volume of 8190 shares traded. The stock had previously closed at $21.57.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

The business has a 50 day moving average of $21.64 and a 200 day moving average of $21.81.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

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

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IBTJ. Basepoint Wealth LLC acquired a new position in iShares iBonds Dec 2029 Term Treasury ETF in the first quarter worth about $44,000. Kohmann Bosshard Financial Services LLC acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the fourth quarter valued at approximately $48,000. High Note Wealth LLC acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the fourth quarter valued at approximately $61,000. Pinnacle Bancorp Inc. grew its stake in shares of 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 purchasing an additional 683 shares during the period. Finally, Towne Trust Company N.A grew its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 1,105.1% in the 4th quarter. Towne Trust Company N.A now owns 8,436 shares of the company’s stock valued at $185,000 after purchasing an additional 7,736 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.