iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Shares Up 0.1%

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) shares shot up 0.1% on Monday . The stock traded as high as $18.94 and last traded at $18.94. 38,142 shares were traded during mid-day trading, a decline of 58% from the average session volume of 90,814 shares. The stock had previously closed at $18.93.

iShares iBonds Dec 2030 Term Treasury ETF Stock Down 0.2 %

The company’s 50 day simple moving average is $19.24 and its two-hundred day simple moving average is $19.26.

iShares iBonds Dec 2030 Term Treasury ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.0668 per share. The ex-dividend date was Monday, April 1st. This represents a $0.80 annualized dividend and a dividend yield of 4.23%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Confluence Investment Management LLC acquired a new position in iShares iBonds Dec 2030 Term Treasury ETF during the first quarter worth about $7,942,000. NBC Securities Inc. purchased a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 1st quarter valued at approximately $775,000. InterOcean Capital Group LLC purchased a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 4th quarter valued at approximately $597,000. Atlantic Private Wealth LLC increased its stake in iShares iBonds Dec 2030 Term Treasury ETF by 117.9% during the 3rd quarter. Atlantic Private Wealth LLC now owns 47,991 shares of the company’s stock worth $907,000 after buying an additional 25,969 shares during the period. Finally, WASHINGTON TRUST Co purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the 1st quarter worth approximately $239,000.

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.