iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Strong Trading Volume – Here’s What Happened

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) shares saw unusually-high trading volume on Monday . Approximately 905,331 shares were traded during mid-day trading, an increase of 153% from the previous session’s volume of 357,982 shares.The stock last traded at $21.9350 and had previously closed at $21.93.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

The stock has a 50-day moving average of $21.96 and a 200 day moving average of $21.93.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a $0.0634 dividend. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date was Friday, December 19th.

Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Treasury ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Pinnacle Bancorp Inc. acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the third quarter worth about $101,000. Opus Capital Group LLC purchased a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 3rd quarter valued at approximately $274,000. Crews Bank & Trust increased its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 3.4% during the 2nd quarter. Crews Bank & Trust now owns 14,160 shares of the company’s stock worth $310,000 after buying an additional 460 shares during the last quarter. Heartland Bank & Trust Co raised its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 3.1% during the 2nd quarter. Heartland Bank & Trust Co now owns 18,350 shares of the company’s stock valued at $402,000 after buying an additional 556 shares during the period. Finally, CNB Bank purchased a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter valued at approximately $405,000.

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.