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

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $22.11 and last traded at $22.1050, with a volume of 47459 shares traded. The stock had previously closed at $22.07.

iShares iBonds Dec 2029 Term Treasury ETF Trading Up 0.2%

The stock has a fifty day moving average price of $21.96 and a 200-day moving average price of $21.97.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.0705 per share. This represents a c) dividend on an annualized basis and a yield of 3.8%. This is a positive change from iShares iBonds Dec 2029 Term Treasury ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, February 2nd.

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

Hedge funds have recently made changes to their positions in the business. Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 4th quarter valued at $48,000. High Note Wealth LLC acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the 4th quarter valued at $61,000. Pinnacle Bancorp Inc. purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF in the third quarter valued at about $101,000. Towne Trust Company N.A lifted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 1,105.1% during the fourth quarter. Towne Trust Company N.A now owns 8,436 shares of the company’s stock worth $185,000 after purchasing an additional 7,736 shares in the last quarter. Finally, Opus Capital Group LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the third quarter worth about $274,000.

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.