iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Reaches New 52-Week Low – Time to Sell?

Shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) reached a new 52-week low on Tuesday . The stock traded as low as $21.43 and last traded at $21.4450, with a volume of 157959 shares trading hands. The stock had previously closed at $21.46.

iShares iBonds Dec 2029 Term Treasury ETF Stock Down 0.4%

The stock’s 50 day moving average is $21.54 and its two-hundred day moving average is $21.68.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

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

Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

Several hedge funds have recently modified their holdings of the business. Basepoint Wealth LLC acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the 1st quarter valued at approximately $44,000. High Note Wealth LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the fourth quarter worth $61,000. Pinnacle Bancorp Inc. lifted 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 valued at $115,000 after purchasing an additional 683 shares during the period. Koss Olinger Consulting LLC acquired a new position in iShares iBonds Dec 2029 Term Treasury ETF during the first quarter valued at $280,000. Finally, Advisory Services Network LLC boosted its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 1,083.9% in 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.

About iShares iBonds Dec 2029 Term Treasury ETF

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.