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

Shares of iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) hit a new 52-week low on Wednesday . The stock traded as low as $19.38 and last traded at $19.38, with a volume of 56041 shares trading hands. The stock had previously closed at $19.41.

iShares iBonds Dec 2030 Term Treasury ETF Trading Down 0.3%

The stock’s fifty day moving average is $19.48 and its two-hundred day moving average is $19.67.

iShares iBonds Dec 2030 Term Treasury ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.0605 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Rebalance LLC grew its stake 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 valued at $5,155,000 after purchasing an additional 248,365 shares in the last quarter. Hughes Financial Services LLC acquired a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 4th quarter valued at approximately $2,150,000. Janney Montgomery Scott LLC raised its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 62.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 188,443 shares of the company’s stock valued at $3,716,000 after purchasing an additional 72,374 shares in the last quarter. Boston Family Office LLC raised its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 14.8% in the 4th quarter. Boston Family Office LLC now owns 115,375 shares of the company’s stock valued at $2,290,000 after purchasing an additional 14,865 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 6.6% during the 1st quarter. NewEdge Advisors LLC now owns 500,133 shares of the company’s stock valued at $9,863,000 after buying an additional 30,944 shares during the last quarter.

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.