iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Large Volume Increase – What’s Next?

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) shares saw unusually-strong trading volume on Thursday . 680,710 shares changed hands during trading, an increase of 150% from the previous session’s volume of 272,701 shares.The stock last traded at $21.59 and had previously closed at $21.57.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.1%

The stock has a 50 day moving average price of $21.66 and a 200 day moving average price of $21.82.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.0669 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Wednesday, July 1st.

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IBTJ. Captrust Financial Advisors grew its position in iShares iBonds Dec 2029 Term Treasury ETF by 0.6% in the 4th quarter. Captrust Financial Advisors now owns 95,323 shares of the company’s stock valued at $2,092,000 after purchasing an additional 594 shares during the period. Pinnacle Bancorp Inc. boosted 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 during the last quarter. Opus Capital Group LLC increased its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 11.2% during the fourth quarter. Opus Capital Group LLC now owns 13,900 shares of the company’s stock valued at $305,000 after acquiring an additional 1,400 shares during the last quarter. Basepoint Wealth LLC bought a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the first quarter worth $44,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter worth $48,000.

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.