iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Hits New 52-Week Low – Time to Sell?

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as $19.38 and last traded at $19.40, with a volume of 282419 shares trading hands. The stock had previously closed at $19.43.

iShares iBonds Dec 2030 Term Treasury ETF Stock Up 0.3%

The company has a 50 day moving average of $19.50 and a two-hundred day moving average of $19.69.

iShares iBonds Dec 2030 Term Treasury ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a $0.0605 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in IBTK. NewEdge Advisors LLC grew its stake in iShares iBonds Dec 2030 Term Treasury ETF by 5.3% in the 1st quarter. NewEdge Advisors LLC now owns 43,479 shares of the company’s stock valued at $855,000 after acquiring an additional 2,180 shares during the period. Ameriprise Financial Inc. raised its position in iShares iBonds Dec 2030 Term Treasury ETF by 4.5% during the second quarter. Ameriprise Financial Inc. now owns 116,555 shares of the company’s stock worth $2,312,000 after acquiring an additional 4,973 shares during the period. Captrust Financial Advisors raised its position in iShares iBonds Dec 2030 Term Treasury ETF by 20.1% during the second quarter. Captrust Financial Advisors now owns 30,499 shares of the company’s stock worth $605,000 after acquiring an additional 5,107 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 8.1% during the third quarter. Integrated Wealth Concepts LLC now owns 68,083 shares of the company’s stock valued at $1,353,000 after purchasing an additional 5,087 shares in the last quarter. Finally, United Capital Financial Advisors LLC lifted its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 65.6% during the third quarter. United Capital Financial Advisors LLC now owns 234,520 shares of the company’s stock valued at $4,661,000 after purchasing an additional 92,887 shares in the last quarter.

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.