iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Large Volume Increase – Time to Buy?

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw an uptick in trading volume on Tuesday . 3,105,133 shares traded hands during trading, an increase of 1,334% from the previous session’s volume of 216,477 shares.The stock last traded at $21.8950 and had previously closed at $21.91.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

The stock has a 50-day moving average of $21.98 and a 200-day moving average of $21.89.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were issued a dividend of $0.0669 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

A number of institutional investors have recently made changes to their positions in IBTJ. Pinnacle Bancorp Inc. purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF in the third quarter worth $101,000. Opus Capital Group LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 3rd quarter worth about $274,000. Crews Bank & Trust increased its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 3.4% during the 2nd quarter. Crews Bank & Trust now owns 14,160 shares of the company’s stock valued at $310,000 after purchasing an additional 460 shares during the last quarter. Heartland Bank & Trust Co raised its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 3.1% during the 2nd quarter. Heartland Bank & Trust Co now owns 18,350 shares of the company’s stock valued at $402,000 after buying an additional 556 shares in the last quarter. Finally, CNB Bank purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter valued at about $405,000.

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.