Hughes Financial Services LLC Invests $2.15 Million in iShares iBonds Dec 2029 Term Treasury ETF $IBTJ

Hughes Financial Services LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 98,070 shares of the company’s stock, valued at approximately $2,152,000. Hughes Financial Services LLC owned about 0.19% of iShares iBonds Dec 2029 Term Treasury ETF at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Rebalance LLC boosted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 22.3% during the 4th quarter. Rebalance LLC now owns 255,822 shares of the company’s stock worth $5,614,000 after buying an additional 46,663 shares during the last quarter. Thoroughbred Financial Services LLC boosted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 63.2% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 142,985 shares of the company’s stock worth $3,139,000 after buying an additional 55,366 shares during the last quarter. Montecito Bank & Trust boosted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 6.5% during the 4th quarter. Montecito Bank & Trust now owns 56,979 shares of the company’s stock worth $1,250,000 after buying an additional 3,465 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 9.1% during the 3rd quarter. Parallel Advisors LLC now owns 137,114 shares of the company’s stock worth $3,010,000 after buying an additional 11,406 shares during the last quarter. Finally, Heartland Bank & Trust Co boosted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 6.8% during the 3rd quarter. Heartland Bank & Trust Co now owns 19,589 shares of the company’s stock worth $430,000 after buying an additional 1,239 shares during the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Stock Down 0.0%

Shares of IBTJ stock opened at $21.57 on Thursday. The firm’s 50-day moving average is $21.72 and its 200-day moving average is $21.86. iShares iBonds Dec 2029 Term Treasury ETF has a 52-week low of $21.54 and a 52-week high of $22.13.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

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

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.