iShares iBonds Dec 2045 Term Treasury ETF (NASDAQ:IBGB) Shares Up 1.8% – Here’s What Happened

iShares iBonds Dec 2045 Term Treasury ETF (NASDAQ:IBGB)’s share price rose 1.8% on Thursday. The company traded as high as $23.21 and last traded at $23.21. 2,335 shares changed hands during trading, a decline of 29% from the average session volume of 3,289 shares. The stock had previously closed at $22.81.

iShares iBonds Dec 2045 Term Treasury ETF Price Performance

The company’s 50-day moving average is $22.96 and its 200-day moving average is $23.68.

iShares iBonds Dec 2045 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a dividend of $0.0943 per share. The ex-dividend date was Thursday, October 1st. This is a drop from iShares iBonds Dec 2045 Term Treasury ETF’s previous monthly dividend of $0.0974. This represents a $1.13 dividend on an annualized basis and a dividend yield of 4.9%.

About iShares iBonds Dec 2045 Term Treasury ETF

iShares Trust – iShares iBonds Dec 2025 Term Treasury ETF is an exchange traded fund launched by BlackRock, Inc The fund is managed by BlackRock Fund Advisors. It invests in the fixed income markets of the United States. The fund uses derivatives such as futures, options and swaps to create its portfolio. The fund primarily invests in publicly-issued U.S. Treasury securities with a fixed coupon schedule and be denominated in U.S. dollars. It invests in securities that will mature between January 1, 2045 and December 15, 2045.