Hughes Financial Services LLC Makes New $2.37 Million Investment in iShares iBonds Dec 2030 Term Treasury ETF $IBTK

Hughes Financial Services LLC bought a new position in iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) in the third quarter, according to its most recent filing with the SEC. The firm bought 123,539 shares of the company’s stock, valued at approximately $2,369,000. Hughes Financial Services LLC owned approximately 0.20% of iShares iBonds Dec 2030 Term Treasury ETF as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in IBTK. NewEdge Advisors LLC increased its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 6.6% in the 1st quarter. NewEdge Advisors LLC now owns 500,133 shares of the company’s stock valued at $9,863,000 after acquiring an additional 30,944 shares during the period. Heartwood Wealth Advisors LLC acquired a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the 3rd quarter worth about $9,589,000. Confluence Investment Management LLC acquired a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the 3rd quarter worth about $5,893,000. Rebalance LLC purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the 3rd quarter valued at about $5,776,000. Finally, Heartland Bank & Trust Co purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the 2nd quarter valued at about $4,286,000.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

Shares of IBTK stock opened at $19.15 on Wednesday. The stock’s 50-day simple moving average is $19.13 and its 200-day simple moving average is $19.50. iShares iBonds Dec 2030 Term Treasury ETF has a fifty-two week low of $18.91 and a fifty-two week high of $20.07.

iShares iBonds Dec 2030 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be issued a dividend of $0.0624 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.9%. This is a positive change from iShares iBonds Dec 2030 Term Treasury ETF’s previous monthly dividend of $0.0591. The ex-dividend date of this dividend is Monday, November 2nd.

iShares iBonds Dec 2030 Term Treasury ETF 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.