iShares iBonds Dec 2055 Term Treasury ETF (NASDAQ:IBGL) Stock Price Up 1.9% – Still a Buy?

iShares iBonds Dec 2055 Term Treasury ETF (NASDAQ:IBGL)’s stock price rose 1.9% during trading on Thursday. The company traded as high as $22.70 and last traded at $22.7250. Approximately 10,546 shares were traded during mid-day trading, an increase of 489% from the average session volume of 1,789 shares. The stock had previously closed at $22.31.

iShares iBonds Dec 2055 Term Treasury ETF Price Performance

The stock’s fifty day moving average is $22.39 and its two-hundred day moving average is $23.22.

iShares iBonds Dec 2055 Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.0932 per share. This is a drop from iShares iBonds Dec 2055 Term Treasury ETF’s previous monthly dividend of $0.0962. This represents a $1.12 annualized dividend and a dividend yield of 4.9%. The ex-dividend date was Thursday, October 1st.

iShares iBonds Dec 2055 Term Treasury ETF Company Profile

iShares Trust – iShares iBonds Dec 2055 Term Treasury ETF is an exchange traded fund launched by BlackRock, Inc The fund is managed by BlackRock Fund Advisors. It invests in fixed income markets of the United States. The fund invests in in U.S. treasury bonds that have a fixed coupon schedule and are denominated in U.S. dollars. It invests in bonds that will mature between January 1, 2055 and December 15, 2055. The fund seeks to track the performance of the Bloomberg ICE 2055 Maturity US Treasury Index, by using representative sampling technique.