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

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK)’s share price 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. The stock had previously closed at $19.41.

iShares iBonds Dec 2030 Term Treasury ETF Stock Performance

The company’s 50 day moving average price is $19.49 and its two-hundred day moving average price is $19.68.

iShares iBonds Dec 2030 Term Treasury ETF Announces Dividend

The firm also recently announced 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. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IBTK. NewEdge Advisors LLC lifted its position in iShares iBonds Dec 2030 Term Treasury ETF by 5,624.5% during the 3rd quarter. NewEdge Advisors LLC now owns 420,862 shares of the company’s stock worth $8,365,000 after acquiring an additional 413,510 shares in the last quarter. Rebalance LLC boosted its position 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 valued at $5,155,000 after purchasing an additional 248,365 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 105.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 239,816 shares of the company’s stock worth $4,749,000 after purchasing an additional 123,261 shares during the last quarter. Hughes Financial Services LLC acquired a new position in iShares iBonds Dec 2030 Term Treasury ETF during the 4th quarter valued at $2,150,000. Finally, Titleist Asset Management LLC boosted its holdings 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 purchasing an additional 100,157 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.