Montecito Bank & Trust Purchases 44,049 Shares of iShares iBonds Dec 2030 Term Treasury ETF $IBTK

Montecito Bank & Trust purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 44,049 shares of the company’s stock, valued at approximately $836,000.

Several other large investors also recently bought and sold shares of the stock. Midwest Professional Planners LTD. grew its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 6.3% during the first quarter. Midwest Professional Planners LTD. now owns 10,900 shares of the company’s stock worth $215,000 after purchasing an additional 642 shares during the last quarter. Heartland Bank & Trust Co increased its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 27.7% during the first quarter. Heartland Bank & Trust Co now owns 22,603 shares of the company’s stock worth $446,000 after purchasing an additional 4,897 shares in the last quarter. Reliant Wealth Planning lifted its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 12.8% in the 1st quarter. Reliant Wealth Planning now owns 41,998 shares of the company’s stock valued at $828,000 after purchasing an additional 4,779 shares during the last quarter. Hughes Financial Services LLC purchased a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 4th quarter valued at about $2,150,000. Finally, Boston Family Office LLC boosted 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 during the period.

iShares iBonds Dec 2030 Term Treasury ETF Trading Down 0.1%

NASDAQ:IBTK traded down $0.01 during mid-day trading on Thursday, reaching $18.98. 416,142 shares of the stock were exchanged, compared to its average volume of 282,287. The company has a 50 day simple moving average of $19.28 and a 200-day simple moving average of $19.47. iShares iBonds Dec 2030 Term Treasury ETF has a 1 year low of $18.91 and a 1 year high of $20.07.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st will be issued a $0.0591 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This is a decrease from iShares iBonds Dec 2030 Term Treasury ETF’s previous monthly dividend of $0.0619. This represents a $0.71 annualized dividend and a dividend yield of 3.7%.

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.