iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Reaches New 12-Month Low – What’s Next?

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $21.43 and last traded at $21.4450, with a volume of 157959 shares trading hands. The stock had previously closed at $21.46.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

The firm’s 50 day moving average price is $21.55 and its two-hundred day moving average price is $21.69.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a dividend of $0.0695 per share. The ex-dividend date was Tuesday, September 1st. This is a boost 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%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Basepoint Wealth LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 1st quarter worth approximately $44,000. High Note Wealth LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter valued at about $61,000. Pinnacle Bancorp Inc. increased its position 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 buying an additional 683 shares during the last quarter. Koss Olinger Consulting LLC bought 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 increased its holdings 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 during the last quarter.

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.