iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Hits 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 trading on Wednesday . The company traded as low as $19.42 and last traded at $19.42, with a volume of 10472 shares changing hands. The stock had previously closed at $19.45.

iShares iBonds Dec 2030 Term Treasury ETF Stock Down 0.2%

The firm’s 50-day moving average price is $19.53 and its two-hundred day moving average price is $19.71.

iShares iBonds Dec 2030 Term Treasury ETF Announces Dividend

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 dividend of $0.0605 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Wednesday, July 1st.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

Hedge funds have recently modified their holdings of the business. Parallel Advisors LLC boosted its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 9.4% in the first quarter. Parallel Advisors LLC now owns 181,965 shares of the company’s stock worth $3,588,000 after buying an additional 15,559 shares during the period. NewEdge Advisors LLC boosted its position in 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 worth $9,863,000 after acquiring an additional 30,944 shares during the period. Reliant Wealth Planning boosted its position in iShares iBonds Dec 2030 Term Treasury ETF by 12.8% during the 1st quarter. Reliant Wealth Planning now owns 41,998 shares of the company’s stock worth $828,000 after acquiring an additional 4,779 shares during the period. Heartland Bank & Trust Co grew its stake in 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 valued at $446,000 after acquiring an additional 4,897 shares in the last quarter. Finally, Midwest Professional Planners LTD. grew its stake in iShares iBonds Dec 2030 Term Treasury ETF by 6.3% during the 1st quarter. Midwest Professional Planners LTD. now owns 10,900 shares of the company’s stock valued at $215,000 after acquiring an additional 642 shares in 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.