iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Reaches New 52-Week Low – What’s Next?

Shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) reached a new 52-week low during trading on Tuesday . The stock traded as low as $21.52 and last traded at $21.53, with a volume of 224072 shares trading hands. The stock had previously closed at $21.56.

iShares iBonds Dec 2029 Term Treasury ETF Trading Up 0.1%

The firm’s 50-day moving average price is $21.62 and its 200-day moving average price is $21.80.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.0669 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Wednesday, July 1st.

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

Institutional investors have recently modified their holdings of the stock. Baird Financial Group Inc. increased its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 141.8% during the 2nd quarter. Baird Financial Group Inc. now owns 103,277 shares of the company’s stock valued at $2,264,000 after purchasing an additional 60,569 shares during the last quarter. Ameriprise Financial Inc. lifted its position in iShares iBonds Dec 2029 Term Treasury ETF by 9.7% in the second quarter. Ameriprise Financial Inc. now owns 61,747 shares of the company’s stock worth $1,353,000 after buying an additional 5,470 shares during the last quarter. Captrust Financial Advisors boosted its stake in iShares iBonds Dec 2029 Term Treasury ETF by 31.9% during the second quarter. Captrust Financial Advisors now owns 94,055 shares of the company’s stock worth $2,062,000 after buying an additional 22,735 shares during the period. Integrated Wealth Concepts LLC boosted its stake in iShares iBonds Dec 2029 Term Treasury ETF by 10.0% during the third quarter. Integrated Wealth Concepts LLC now owns 76,143 shares of the company’s stock worth $1,672,000 after buying an additional 6,942 shares during the period. Finally, United Capital Financial Advisors LLC increased its position in iShares iBonds Dec 2029 Term Treasury ETF by 65.5% during the third quarter. United Capital Financial Advisors LLC now owns 805,137 shares of the company’s stock valued at $17,677,000 after acquiring an additional 318,717 shares during the last quarter.

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.