iShares iBonds Dec 2029 Term Treasury ETF $IBTJ Shares Newly Purchased by Parallel Advisors LLC

Parallel Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 639,490 shares of the company’s stock, valued at approximately $13,573,000. Parallel Advisors LLC owned about 0.88% of iShares iBonds Dec 2029 Term Treasury ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of IBTJ. Heartwood Wealth Advisors LLC purchased a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the 3rd quarter worth approximately $39,285,000. Confluence Investment Management LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter valued at approximately $11,674,000. Rebalance LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter valued at approximately $5,868,000. Montecito Bank & Trust bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter valued at approximately $5,429,000. Finally, Hughes Financial Services LLC bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter valued at approximately $2,436,000.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

IBTJ stock traded down $0.01 on Friday, reaching $21.41. The company’s stock had a trading volume of 391,893 shares, compared to its average volume of 339,578. The business has a fifty day simple moving average of $21.32 and a two-hundred day simple moving average of $21.63. iShares iBonds Dec 2029 Term Treasury ETF has a 12-month low of $21.16 and a 12-month high of $22.13.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a $0.0702 dividend. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.0668. The ex-dividend date was Monday, November 2nd. This represents a $0.84 annualized dividend and a yield of 3.9%.

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.