iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Hits New 12-Month Low – Time to Sell?

Shares of iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) hit a new 52-week low during trading on Tuesday . The company traded as low as $19.26 and last traded at $19.2750, with a volume of 140210 shares trading hands. The stock had previously closed at $19.29.

iShares iBonds Dec 2030 Term Treasury ETF Stock Performance

The business’s 50 day moving average price is $19.41 and its 200-day moving average price is $19.57.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a $0.0619 dividend. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, September 1st.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Treasury ETF

Several institutional investors have recently modified their holdings of IBTK. Midwest Professional Planners LTD. increased its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 6.3% during the first quarter. Midwest Professional Planners LTD. now owns 10,900 shares of the company’s stock valued at $215,000 after purchasing an additional 642 shares during the period. Heartland Bank & Trust Co increased its stake in iShares iBonds Dec 2030 Term Treasury ETF by 27.7% during the 1st quarter. Heartland Bank & Trust Co now owns 22,603 shares of the company’s stock valued at $446,000 after buying an additional 4,897 shares during the period. Captrust Financial Advisors increased its stake in iShares iBonds Dec 2030 Term Treasury ETF by 20.1% during the 2nd quarter. Captrust Financial Advisors now owns 30,499 shares of the company’s stock valued at $605,000 after buying an additional 5,107 shares during the period. Reliant Wealth Planning raised its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 100.8% during the 4th quarter. Reliant Wealth Planning now owns 37,219 shares of the company’s stock worth $739,000 after buying an additional 18,681 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 5.3% during the 1st quarter. NewEdge Advisors LLC now owns 43,479 shares of the company’s stock worth $855,000 after buying an additional 2,180 shares in the last quarter.

iShares iBonds Dec 2030 Term Treasury ETF Company Profile

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.