iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Hits New 1-Year High – Still a Buy?

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $20.02 and last traded at $20.0050, with a volume of 73332 shares changing hands. The stock had previously closed at $19.98.

iShares iBonds Dec 2030 Term Treasury ETF Stock Performance

The stock’s 50-day simple moving average is $19.90 and its 200-day simple moving average is $19.77.

iShares iBonds Dec 2030 Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were paid a dividend of $0.0636 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, November 3rd. This is a positive change from iShares iBonds Dec 2030 Term Treasury ETF’s previous monthly dividend of $0.06.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Treasury ETF

Institutional investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC boosted its position in iShares iBonds Dec 2030 Term Treasury ETF by 0.5% during the 2nd quarter. Janney Montgomery Scott LLC now owns 134,320 shares of the company’s stock valued at $2,665,000 after acquiring an additional 725 shares in the last quarter. Crews Bank & Trust lifted its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 66.7% in the 3rd quarter. Crews Bank & Trust now owns 2,000 shares of the company’s stock valued at $40,000 after purchasing an additional 800 shares during the period. Reliant Wealth Planning boosted its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 5.2% during the third quarter. Reliant Wealth Planning now owns 18,538 shares of the company’s stock valued at $368,000 after purchasing an additional 909 shares in the last quarter. Bank of Jackson Hole Trust grew its stake in iShares iBonds Dec 2030 Term Treasury ETF by 73.2% in the first quarter. Bank of Jackson Hole Trust now owns 3,745 shares of the company’s stock worth $73,000 after purchasing an additional 1,583 shares during the period. Finally, CNB Bank bought a new position in iShares iBonds Dec 2030 Term Treasury ETF in the third quarter worth $41,000.

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.