Montecito Bank & Trust Invests $1.18 Million in iShares iBonds Dec 2029 Term Treasury ETF $IBTJ

Montecito Bank & Trust purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 53,514 shares of the company’s stock, valued at approximately $1,175,000. Montecito Bank & Trust owned 0.15% of iShares iBonds Dec 2029 Term Treasury ETF at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in IBTJ. Crews Bank & Trust grew its stake in iShares iBonds Dec 2029 Term Treasury ETF by 3.4% in the 2nd quarter. Crews Bank & Trust now owns 14,160 shares of the company’s stock worth $310,000 after acquiring an additional 460 shares in the last quarter. Heartland Bank & Trust Co raised its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 3.1% during the second quarter. Heartland Bank & Trust Co now owns 18,350 shares of the company’s stock valued at $402,000 after acquiring an additional 556 shares in the last quarter. Cary Street Partners Financial LLC raised its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 3.2% during the second quarter. Cary Street Partners Financial LLC now owns 40,960 shares of the company’s stock valued at $898,000 after acquiring an additional 1,289 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 9.7% in the second quarter. Ameriprise Financial Inc. now owns 61,747 shares of the company’s stock valued at $1,353,000 after purchasing an additional 5,470 shares during the period. Finally, Baird Financial Group Inc. grew its stake in iShares iBonds Dec 2029 Term Treasury ETF by 37.2% in the first quarter. Baird Financial Group Inc. now owns 42,708 shares of the company’s stock worth $930,000 after purchasing an additional 11,585 shares in the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

IBTJ opened at $22.00 on Friday. The stock’s fifty day moving average is $21.99 and its two-hundred day moving average is $21.90. iShares iBonds Dec 2029 Term Treasury ETF has a 52 week low of $21.15 and a 52 week high of $22.08.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be issued a $0.0634 dividend. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Friday, December 19th.

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.