NewEdge Advisors LLC Purchases 27,825 Shares of iShares iBonds Dec 2029 Term Treasury ETF $IBTJ

NewEdge Advisors LLC increased its position in shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) by 6.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 454,037 shares of the company’s stock after buying an additional 27,825 shares during the period. NewEdge Advisors LLC’s holdings in iShares iBonds Dec 2029 Term Treasury ETF were worth $9,918,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Janney Montgomery Scott LLC lifted its position in iShares iBonds Dec 2029 Term Treasury ETF by 59.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 254,141 shares of the company’s stock worth $5,551,000 after acquiring an additional 94,538 shares during the last quarter. Hughes Financial Services LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter valued at about $2,152,000. Midwest Professional Planners LTD. increased its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 87.3% in the first quarter. Midwest Professional Planners LTD. now owns 57,797 shares of the company’s stock worth $1,262,000 after purchasing an additional 26,938 shares during the period. Pinnacle Bancorp Inc. increased its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 14.9% in 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 during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 9.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 61,747 shares of the company’s stock worth $1,353,000 after purchasing an additional 5,470 shares during the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

Shares of NASDAQ:IBTJ opened at $21.55 on Monday. The business has a 50 day moving average price of $21.58 and a 200 day moving average price of $21.75. iShares iBonds Dec 2029 Term Treasury ETF has a twelve month low of $21.49 and a twelve month high of $22.13.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a $0.0686 dividend. The ex-dividend date was Monday, August 3rd. This is a positive change from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 3.8%.

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.