iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sets New 1-Year Low – Here’s Why

Shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) hit a new 52-week low during trading on Tuesday . The company traded as low as $21.58 and last traded at $21.59, with a volume of 12856 shares traded. The stock had previously closed at $21.61.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

The business’s 50-day moving average is $21.78 and its two-hundred day moving average is $21.90.

iShares iBonds Dec 2029 Term Treasury ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a dividend of $0.0687 per share. The ex-dividend date was Friday, May 1st.

Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IBTJ. Basepoint Wealth LLC bought a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the first quarter worth $44,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter valued at about $48,000. High Note Wealth LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 4th quarter worth about $61,000. Pinnacle Bancorp Inc. increased its stake in shares of 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 during the last quarter. Finally, Towne Trust Company N.A raised its holdings in shares of 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 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.