iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Reaches New 12-Month High – What’s Next?

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $22.08 and last traded at $22.06, with a volume of 1688836 shares. The stock had previously closed at $22.05.

iShares iBonds Dec 2029 Term Treasury ETF Trading Down 0.2%

The business has a 50-day moving average price of $21.97 and a 200-day moving average price of $21.83.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.0688 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Wednesday, October 1st.

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

Several institutional investors and hedge funds have recently bought and sold shares of IBTJ. Rebalance LLC raised its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 17.3% during the third quarter. Rebalance LLC now owns 209,159 shares of the company’s stock valued at $4,592,000 after acquiring an additional 30,874 shares during the period. Strategic Blueprint LLC raised its stake in iShares iBonds Dec 2029 Term Treasury ETF by 395.7% during the 3rd quarter. Strategic Blueprint LLC now owns 186,646 shares of the company’s stock valued at $4,098,000 after purchasing an additional 148,992 shares during the period. NewEdge Advisors LLC raised its stake in iShares iBonds Dec 2029 Term Treasury ETF by 25.6% during the 1st quarter. NewEdge Advisors LLC now owns 165,183 shares of the company’s stock valued at $3,596,000 after purchasing an additional 33,703 shares during the period. Janney Montgomery Scott LLC raised its stake in iShares iBonds Dec 2029 Term Treasury ETF by 21.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 125,767 shares of the company’s stock valued at $2,757,000 after purchasing an additional 22,443 shares during the period. Finally, Parallel Advisors LLC raised its stake in iShares iBonds Dec 2029 Term Treasury ETF by 12.1% during the 2nd quarter. Parallel Advisors LLC now owns 125,708 shares of the company’s stock valued at $2,756,000 after purchasing an additional 13,557 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.