iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Unusually-High Trading Volume – What’s Next?

Shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw unusually-strong trading volume on Tuesday . Approximately 1,616,223 shares changed hands during trading, an increase of 1,138% from the previous session’s volume of 130,568 shares.The stock last traded at $21.66 and had previously closed at $21.70.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

The company’s 50 day moving average price is $21.41 and its 200-day moving average price is $21.60.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.0656 dividend. This is an increase from iShares iBonds Dec 2029 Term Treasury ETF’s previous dividend of $0.07. The ex-dividend date was Monday, March 3rd.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC raised its stake in iShares iBonds Dec 2029 Term Treasury ETF by 218.4% in the 4th quarter. NewEdge Advisors LLC now owns 131,480 shares of the company’s stock valued at $2,804,000 after acquiring an additional 90,187 shares during the period. Cary Street Partners Financial LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter worth about $797,000. United Capital Financial Advisors LLC raised its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 136.1% in the fourth quarter. United Capital Financial Advisors LLC now owns 64,060 shares of the company’s stock valued at $1,366,000 after purchasing an additional 36,928 shares during the period. Captrust Financial Advisors lifted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 204.1% during the 4th quarter. Captrust Financial Advisors now owns 49,490 shares of the company’s stock valued at $1,055,000 after buying an additional 33,214 shares in the last quarter. Finally, Baird Financial Group Inc. purchased a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 4th quarter valued at approximately $664,000.

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.