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

Shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw an uptick in trading volume on Thursday . Approximately 680,710 shares were traded during trading, an increase of 150% from the previous session’s volume of 272,701 shares.The stock last traded at $21.59 and had previously closed at $21.57.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.1%

The company has a 50 day moving average price of $21.66 and a 200-day moving average price of $21.82.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be paid a $0.0669 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) annualized dividend and a yield of 3.7%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Basepoint Wealth LLC bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the first quarter worth about $44,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 4th quarter valued at approximately $48,000. High Note Wealth LLC acquired a new position in iShares iBonds Dec 2029 Term Treasury ETF during the 4th quarter worth approximately $61,000. Pinnacle Bancorp Inc. increased its position in iShares iBonds Dec 2029 Term Treasury ETF by 14.9% during the 1st quarter. Pinnacle Bancorp Inc. now owns 5,277 shares of the company’s stock worth $115,000 after purchasing an additional 683 shares in the last quarter. Finally, Towne Trust Company N.A lifted its stake in iShares iBonds Dec 2029 Term Treasury ETF by 1,105.1% in the 4th quarter. Towne Trust Company N.A now owns 8,436 shares of the company’s stock valued at $185,000 after purchasing an additional 7,736 shares during 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.