iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Reaches New 52-Week High – Here’s What Happened

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ – Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as $22.17 and last traded at $22.17, with a volume of 500 shares trading hands. The stock had previously closed at $21.64.

iShares iBonds Dec 2029 Term Treasury ETF Trading Up 2.4%

The firm’s 50-day simple moving average is $21.68 and its two-hundred day simple moving average is $21.83.

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iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.0689 per share. This is a positive change from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

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

Several hedge funds have recently bought and sold shares of IBTJ. NewEdge Advisors LLC raised its holdings in iShares iBonds Dec 2029 Term Treasury ETF by 713.5% during the third quarter. NewEdge Advisors LLC now owns 386,300 shares of the company’s stock worth $8,481,000 after purchasing an additional 338,814 shares during the last quarter. United Capital Financial Advisors LLC grew 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 purchasing an additional 318,717 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of 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 buying an additional 116,250 shares in the last quarter. Hughes Financial Services LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter valued at $2,152,000. Finally, Janney Montgomery Scott LLC raised its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 59.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 254,141 shares of the company’s stock worth $5,551,000 after buying an additional 94,538 shares during the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

(Get Free Report)

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.

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