iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Reaches New 1-Year Low – Should You Sell?

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

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

The business has a 50-day moving average price of $19.41 and a two-hundred day moving average price of $19.57.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

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

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

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

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.