iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Reaches New 52-Week Low – What’s Next?

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $19.42 and last traded at $19.42, with a volume of 71817 shares trading hands. The stock had previously closed at $19.50.

iShares iBonds Dec 2030 Term Treasury ETF Stock Performance

The stock’s 50 day moving average is $19.62 and its 200-day moving average is $19.77.

iShares iBonds Dec 2030 Term Treasury ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.0631 per share. The ex-dividend date of this dividend was Monday, June 1st.

Institutional Investors Weigh In On iShares iBonds Dec 2030 Term Treasury ETF

A number of hedge funds have recently bought and sold shares of IBTK. NewEdge Advisors LLC raised its stake in iShares iBonds Dec 2030 Term Treasury ETF by 5,624.5% during the third quarter. NewEdge Advisors LLC now owns 420,862 shares of the company’s stock valued at $8,365,000 after purchasing an additional 413,510 shares in the last quarter. Rebalance LLC raised its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 2,181.9% in the fourth quarter. Rebalance LLC now owns 259,748 shares of the company’s stock valued at $5,155,000 after acquiring an additional 248,365 shares during the period. Ameriprise Financial Inc. raised its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 105.8% in the third quarter. Ameriprise Financial Inc. now owns 239,816 shares of the company’s stock valued at $4,749,000 after acquiring an additional 123,261 shares during the period. Hughes Financial Services LLC purchased a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF in the fourth quarter valued at $2,150,000. Finally, Titleist Asset Management LLC raised its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 9.5% in the fourth quarter. Titleist Asset Management LLC now owns 1,158,487 shares of the company’s stock valued at $22,990,000 after acquiring an additional 100,157 shares during the period.

About iShares iBonds Dec 2030 Term Treasury ETF

The iShares iBonds Dec 2030 Term Treasury ETF (IBTK) is an exchange-traded fund that is based on the ICE 2030 Maturity US Treasury index. The fund tracks a market value-weighted index of US Treasury bonds maturing between January and December 2030. The fund will terminate in December 2030. IBTK was launched on Jul 14, 2020 and is managed by BlackRock.