iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Sees Unusually-High Trading Volume – Should You Buy?

iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) saw unusually-strong trading volume on Tuesday . Approximately 1,616,223 shares changed 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 Stock Up 0.2 %

The firm’s fifty 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 business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.0656 per share. The ex-dividend date was Monday, March 3rd. This is a boost 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

Large investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 9.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 86,290 shares of the company’s stock worth $1,840,000 after acquiring an additional 7,664 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF in the 3rd quarter valued at $50,000. Captrust Financial Advisors acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter worth $360,000. Confluence Investment Management LLC grew its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 1.0% during the fourth quarter. Confluence Investment Management LLC now owns 360,901 shares of the company’s stock worth $7,697,000 after buying an additional 3,744 shares in the last quarter. Finally, PSI Advisors LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the fourth quarter valued at about $43,000.

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.