iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Reaches New 1-Year Low – Here’s What Happened

Shares of iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $19.42 and last traded at $19.42, with a volume of 10472 shares changing hands. The stock had previously closed at $19.45.

iShares iBonds Dec 2030 Term Treasury ETF Trading Up 0.2%

The business’s fifty day moving average price is $19.51 and its 200 day moving average price is $19.70.

iShares iBonds Dec 2030 Term Treasury ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.0605 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Wednesday, July 1st.

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

A number of hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC boosted its stake in iShares iBonds Dec 2030 Term Treasury ETF by 5,624.5% in the 3rd quarter. NewEdge Advisors LLC now owns 420,862 shares of the company’s stock valued at $8,365,000 after buying an additional 413,510 shares in the last quarter. Rebalance LLC raised its stake in iShares iBonds Dec 2030 Term Treasury ETF by 2,181.9% during the fourth quarter. Rebalance LLC now owns 259,748 shares of the company’s stock worth $5,155,000 after acquiring an additional 248,365 shares in the last quarter. Ameriprise Financial Inc. raised its stake in iShares iBonds Dec 2030 Term Treasury ETF by 105.8% during the third quarter. Ameriprise Financial Inc. now owns 239,816 shares of the company’s stock worth $4,749,000 after acquiring an additional 123,261 shares in the last quarter. Hughes Financial Services LLC acquired a new position in iShares iBonds Dec 2030 Term Treasury ETF during the fourth quarter worth $2,150,000. Finally, Titleist Asset Management LLC lifted its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 9.5% during 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.