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

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $19.45 and last traded at $19.48, with a volume of 150929 shares. The stock had previously closed at $19.47.

iShares iBonds Dec 2030 Term Treasury ETF Stock Performance

The stock’s 50 day moving average price is $19.68 and its 200-day moving average price is $19.81.

iShares iBonds Dec 2030 Term Treasury ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a dividend of $0.0601 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

Several institutional investors have recently added to or reduced their stakes in 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 worth $8,365,000 after buying an additional 413,510 shares during the last quarter. Rebalance LLC boosted its position in iShares iBonds Dec 2030 Term Treasury ETF by 2,181.9% during the 4th quarter. Rebalance LLC now owns 259,748 shares of the company’s stock worth $5,155,000 after acquiring an additional 248,365 shares during the period. Ameriprise Financial Inc. lifted its holdings 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 buying an additional 123,261 shares during the period. Hughes Financial Services LLC acquired a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF during the fourth quarter worth $2,150,000. Finally, Titleist Asset Management LLC raised its position in 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 buying 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.