Rebalance LLC Buys 276,465 Shares of iShares iBonds Dec 2029 Term Treasury ETF $IBTJ

Rebalance LLC bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 276,465 shares of the company’s stock, valued at approximately $5,868,000. iShares iBonds Dec 2029 Term Treasury ETF comprises approximately 0.3% of Rebalance LLC’s investment portfolio, making the stock its 29th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IBTJ. Pinnacle Bancorp Inc. bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 3rd quarter valued at about $192,000. Prime Capital Investment Advisors LLC bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter worth about $354,000. Farther Finance Advisors LLC bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter worth about $1,012,000. Horizons Wealth Management bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter worth about $2,492,000. Finally, Heartwood Wealth Advisors LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the third quarter worth approximately $39,285,000.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

IBTJ stock traded down $0.02 during trading on Friday, hitting $21.34. The company had a trading volume of 435,328 shares, compared to its average volume of 323,506. The business has a 50-day moving average of $21.36 and a 200-day moving average of $21.54. iShares iBonds Dec 2029 Term Treasury ETF has a one year low of $21.16 and a one year high of $22.13.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.0668 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.8%. This is a decrease from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.0695.

iShares iBonds Dec 2029 Term Treasury ETF 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.