iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Strong Trading Volume – Still a Buy?

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw strong trading volume on Monday . 565,441 shares were traded during mid-day trading, an increase of 105% from the previous session’s volume of 275,822 shares.The stock last traded at $21.64 and had previously closed at $21.61.

iShares iBonds Dec 2029 Term Treasury ETF Stock Up 0.1%

The company has a 50 day moving average of $21.71 and a two-hundred day moving average of $21.86.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.0689 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.8%. This is a boost from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07.

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

Several large investors have recently bought and sold shares of IBTJ. NewEdge Advisors LLC increased its stake in iShares iBonds Dec 2029 Term Treasury ETF by 713.5% during the 3rd quarter. NewEdge Advisors LLC now owns 386,300 shares of the company’s stock worth $8,481,000 after buying an additional 338,814 shares in the last quarter. United Capital Financial Advisors LLC lifted its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 65.5% in 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. Ameriprise Financial Inc. lifted its holdings 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 acquiring an additional 116,250 shares during the last quarter. Hughes Financial Services LLC acquired a new position in iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter valued at approximately $2,152,000. Finally, Janney Montgomery Scott LLC raised its position 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 during the period.

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.