iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Unusually-High Trading Volume – Should You Buy?

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw unusually-high trading volume on Tuesday . 770,011 shares changed hands during mid-day trading, an increase of 174% from the previous session’s volume of 280,680 shares.The stock last traded at $21.56 and had previously closed at $21.53.

iShares iBonds Dec 2029 Term Treasury ETF Trading Up 0.2%

The stock has a fifty day moving average of $21.60 and a 200-day moving average of $21.78.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.0669 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Wednesday, July 1st.

Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

Several large investors have recently modified their holdings of the stock. Rebalance LLC grew its position in iShares iBonds Dec 2029 Term Treasury ETF by 22.3% in the 4th quarter. Rebalance LLC now owns 255,822 shares of the company’s stock valued at $5,614,000 after buying an additional 46,663 shares during the last quarter. Janney Montgomery Scott LLC raised its position in iShares iBonds Dec 2029 Term Treasury ETF by 59.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 254,141 shares of the company’s stock worth $5,551,000 after buying an additional 94,538 shares during the last quarter. Hughes Financial Services LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter worth $2,152,000. Midwest Professional Planners LTD. lifted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 87.3% in the 1st quarter. Midwest Professional Planners LTD. now owns 57,797 shares of the company’s stock worth $1,262,000 after acquiring an additional 26,938 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 188.3% in the third quarter. Ameriprise Financial Inc. now owns 177,997 shares of the company’s stock valued at $3,890,000 after acquiring an additional 116,250 shares in the last quarter.

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.