iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Strong Trading Volume – What’s Next?

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) shares saw an uptick in trading volume on Wednesday. Approximately 1,326,677 shares traded hands during mid-day trading, an increase of 296% from the average daily volume of 334,985 shares. The stock last traded at $21.3650 and had previously closed at $21.33.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

The business’s 50-day moving average is $21.33 and its 200 day moving average is $21.64.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be issued a dividend of $0.0702 per share. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.0668. This represents a $0.84 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Monday, November 2nd.

Hedge Funds Weigh In On 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 stock. Basepoint Wealth LLC purchased a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the 1st quarter valued at about $44,000. Pinnacle Bancorp Inc. bought a new position in iShares iBonds Dec 2029 Term Treasury ETF during the third quarter valued at approximately $192,000. Koss Olinger Consulting LLC bought a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the first quarter worth $280,000. Prime Capital Investment Advisors LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter valued at approximately $354,000. Finally, Peck Wealth Management LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF during the third quarter valued at $901,000.

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.