Hughes Financial Services LLC Takes $2.15 Million Position in iShares iBonds Dec 2029 Term Treasury ETF $IBTJ

Hughes Financial Services LLC bought a new stake in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) during the fourth quarter, HoldingsChannel.com reports. The fund bought 98,070 shares of the company’s stock, valued at approximately $2,152,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Janney Montgomery Scott LLC raised its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 13.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 159,603 shares of the company’s stock valued at $3,502,000 after purchasing an additional 19,371 shares during the period. Parallel Advisors LLC raised its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 3.7% in the 4th quarter. Parallel Advisors LLC now owns 142,229 shares of the company’s stock valued at $3,121,000 after purchasing an additional 5,115 shares during the period. Thoroughbred Financial Services LLC raised 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 valued at $3,461,000 after purchasing an additional 14,766 shares during the period. High Note Wealth LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter valued at about $61,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter valued at about $48,000.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

iShares iBonds Dec 2029 Term Treasury ETF stock opened at $21.57 on Thursday. iShares iBonds Dec 2029 Term Treasury ETF has a twelve month low of $21.54 and a twelve month high of $22.13. The company’s 50-day moving average price is $21.72 and its two-hundred day moving average price is $21.86.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.0689 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 3.8%. This is an increase from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07.

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.