iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Reaches New 1-Year Low – Here’s Why

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $21.32 and last traded at $21.3050, with a volume of 235192 shares changing hands. The stock had previously closed at $21.33.

iShares iBonds Dec 2029 Term Treasury ETF Trading Down 0.1%

The stock’s 50 day moving average price is $21.53 and its 200 day moving average price is $21.67.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.0695 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Tuesday, September 1st. This is a positive change from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07.

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

Institutional investors have recently modified their holdings of the company. Basepoint Wealth LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF in the first quarter valued at approximately $44,000. High Note Wealth LLC bought a new position in iShares iBonds Dec 2029 Term Treasury ETF during the 4th quarter valued at $61,000. Pinnacle Bancorp Inc. grew its stake in 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 in the last quarter. Koss Olinger Consulting LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 1st quarter worth approximately $280,000. Finally, Advisory Services Network LLC increased its stake in iShares iBonds Dec 2029 Term Treasury ETF by 1,083.9% during the fourth quarter. Advisory Services Network LLC now owns 12,928 shares of the company’s stock valued at $284,000 after purchasing an additional 11,836 shares during the last quarter.

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.