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

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $21.55 and last traded at $21.56, with a volume of 60478 shares changing hands. The stock had previously closed at $21.60.

iShares iBonds Dec 2029 Term Treasury ETF Trading Down 0.2%

The firm’s 50-day moving average is $21.73 and its 200-day moving average is $21.87.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.0689 per share. This represents a c) annualized dividend and a yield of 3.8%. This is a positive change from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, June 1st.

Institutional Trading of iShares iBonds Dec 2029 Term Treasury ETF

Several large investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC grew its position in iShares iBonds Dec 2029 Term Treasury ETF by 4.9% during the first quarter. Parallel Advisors LLC now owns 149,253 shares of the company’s stock valued at $3,260,000 after buying an additional 7,024 shares during the period. NewEdge Advisors LLC boosted its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 6.5% in the first quarter. NewEdge Advisors LLC now owns 454,037 shares of the company’s stock worth $9,918,000 after purchasing an additional 27,825 shares during the period. Reliant Wealth Planning boosted its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 8.1% in the first quarter. Reliant Wealth Planning now owns 60,419 shares of the company’s stock worth $1,320,000 after purchasing an additional 4,544 shares during the period. Basepoint Wealth LLC bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the first quarter worth approximately $44,000. Finally, Koss Olinger Consulting LLC bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the first quarter worth approximately $280,000.

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.