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

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) shares saw unusually-strong trading volume on Tuesday . Approximately 1,616,223 shares traded hands during mid-day 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 Trading Up 0.2 %

The business’s 50-day moving average price is $21.43 and its 200-day moving average price is $21.60.

iShares iBonds Dec 2029 Term Treasury ETF Increases Dividend

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

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

Several hedge funds have recently made changes to their positions in IBTJ. Janney Montgomery Scott LLC increased its stake in iShares iBonds Dec 2029 Term Treasury ETF by 9.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 86,290 shares of the company’s stock valued at $1,840,000 after buying an additional 7,664 shares during the period. Farther Finance Advisors LLC purchased a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the 3rd quarter valued at approximately $50,000. Captrust Financial Advisors purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter worth approximately $360,000. Confluence Investment Management LLC lifted its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 1.0% in the 4th quarter. Confluence Investment Management LLC now owns 360,901 shares of the company’s stock valued at $7,697,000 after buying an additional 3,744 shares during the period. Finally, PSI Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter valued at approximately $43,000.

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.