Ameriprise Financial Inc. Sells 76,605 Shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ)

Ameriprise Financial Inc. trimmed its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) by 67.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,826 shares of the company’s stock after selling 76,605 shares during the period. Ameriprise Financial Inc. owned approximately 0.15% of iShares iBonds Dec 2029 Term Treasury ETF worth $785,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Leavell Investment Management Inc. raised its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 7.0% during the fourth quarter. Leavell Investment Management Inc. now owns 15,350 shares of the company’s stock worth $327,000 after buying an additional 1,000 shares during the last quarter. Bank of Jackson Hole Trust acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the 4th quarter worth $42,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 4th quarter valued at $47,000. JPMorgan Chase & Co. acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter valued at $68,000. Finally, Barrett & Company Inc. boosted its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 1,075.0% in the 4th quarter. Barrett & Company Inc. now owns 4,700 shares of the company’s stock worth $100,000 after purchasing an additional 4,300 shares during the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Stock Down 0.5%

Shares of iShares iBonds Dec 2029 Term Treasury ETF stock opened at $21.67 on Tuesday. The business has a fifty day simple moving average of $21.74 and a 200 day simple moving average of $21.55. iShares iBonds Dec 2029 Term Treasury ETF has a 12 month low of $21.15 and a 12 month high of $22.22.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd will be given a dividend of $0.0725 per share. This is a positive change from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a $0.87 annualized dividend and a dividend yield of 4.01%. The ex-dividend date of this dividend is Monday, June 2nd.

iShares iBonds Dec 2029 Term Treasury ETF 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.