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

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw unusually-high trading volume on Tuesday . Approximately 770,011 shares changed hands during trading, an increase of 174% from the previous session’s volume of 280,680 shares.The stock last traded at $21.56 and had previously closed at $21.53.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.2%

The company’s fifty day moving average is $21.60 and its two-hundred day moving average is $21.78.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

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

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

Large investors have recently bought and sold shares of the business. United Capital Financial Advisors LLC lifted its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 65.5% during the 3rd quarter. United Capital Financial Advisors LLC now owns 805,137 shares of the company’s stock worth $17,677,000 after buying an additional 318,717 shares during the last quarter. NewEdge Advisors LLC lifted its stake in iShares iBonds Dec 2029 Term Treasury ETF by 6.5% during the first quarter. NewEdge Advisors LLC now owns 454,037 shares of the company’s stock worth $9,918,000 after purchasing an additional 27,825 shares during the last quarter. Rebalance LLC lifted its stake in iShares iBonds Dec 2029 Term Treasury ETF by 22.3% during the fourth quarter. Rebalance LLC now owns 255,822 shares of the company’s stock worth $5,614,000 after purchasing an additional 46,663 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 59.2% in the first quarter. Janney Montgomery Scott LLC now owns 254,141 shares of the company’s stock valued at $5,551,000 after purchasing an additional 94,538 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in iShares iBonds Dec 2029 Term Treasury ETF by 188.3% in the third quarter. Ameriprise Financial Inc. now owns 177,997 shares of the company’s stock valued at $3,890,000 after purchasing an additional 116,250 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.