iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Reaches New 1-Year Low – Should You Sell?

Shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) reached a new 52-week low during trading on Wednesday . The stock traded as low as $21.54 and last traded at $21.54, with a volume of 8190 shares changing hands. The stock had previously closed at $21.57.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

The business has a fifty day moving average of $21.63 and a 200 day moving average of $21.81.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders 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 of this dividend was Wednesday, July 1st.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of IBTJ. Basepoint Wealth LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF during the first quarter worth about $44,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter worth approximately $48,000. High Note Wealth LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 4th quarter worth approximately $61,000. Pinnacle Bancorp Inc. boosted its position 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 period. Finally, Towne Trust Company N.A boosted its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 1,105.1% during the 4th quarter. Towne Trust Company N.A now owns 8,436 shares of the company’s stock worth $185,000 after purchasing an additional 7,736 shares during the period.

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.