iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Reaches New 12-Month Low – Should You Sell?

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $21.54 and last traded at $21.54, with a volume of 8190 shares. The stock had previously closed at $21.57.

iShares iBonds Dec 2029 Term Treasury ETF Stock Down 0.1%

The stock has a fifty day simple moving average of $21.64 and a 200-day simple moving average of $21.81.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

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

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Basepoint Wealth LLC bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 1st quarter worth about $44,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter valued at about $48,000. High Note Wealth LLC acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the fourth quarter worth about $61,000. Pinnacle Bancorp Inc. grew 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 in the last quarter. Finally, Towne Trust Company N.A increased its stake in iShares iBonds Dec 2029 Term Treasury ETF by 1,105.1% during the fourth quarter. Towne Trust Company N.A now owns 8,436 shares of the company’s stock valued at $185,000 after acquiring an additional 7,736 shares during the period.

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.