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

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $21.32 and last traded at $21.3050, with a volume of 235192 shares. The stock had previously closed at $21.33.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

The business has a fifty day moving average price of $21.53 and a 200 day moving average price of $21.67.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.0695 dividend. This is an increase from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Tuesday, September 1st.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Basepoint Wealth LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the first quarter worth about $44,000. High Note Wealth LLC acquired a new position in iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter valued at $61,000. Pinnacle Bancorp Inc. raised its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 14.9% during the first 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. Koss Olinger Consulting LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 1st quarter worth approximately $280,000. Finally, Advisory Services Network LLC boosted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 1,083.9% during the 4th quarter. Advisory Services Network LLC now owns 12,928 shares of the company’s stock worth $284,000 after acquiring an additional 11,836 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.