Montecito Bank & Trust Buys Shares of 10,424 iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ)

Montecito Bank & Trust purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 10,424 shares of the company’s stock, valued at approximately $222,000.

Other hedge funds have also recently modified their holdings of the company. PSI Advisors LLC purchased a new position in iShares iBonds Dec 2029 Term Treasury ETF during the fourth quarter valued at $43,000. Farther Finance Advisors LLC bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the third quarter worth about $50,000. Cary Street Partners Asset Management LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter valued at about $252,000. Leavell Investment Management Inc. bought a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter valued at approximately $317,000. Finally, Captrust Financial Advisors purchased a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the 3rd quarter worth approximately $360,000.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

NASDAQ IBTJ opened at $21.35 on Friday. iShares iBonds Dec 2029 Term Treasury ETF has a 12 month low of $20.95 and a 12 month high of $22.22. The company’s 50 day moving average is $21.39 and its two-hundred day moving average is $21.66.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.0709 per share. This represents a $0.85 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date was Wednesday, December 18th.

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.