iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Hits New 52-Week Low – Here’s Why

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $19.42 and last traded at $19.42, with a volume of 10472 shares. The stock had previously closed at $19.45.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

The stock’s fifty day simple moving average is $19.53 and its two-hundred day simple moving average is $19.71.

iShares iBonds Dec 2030 Term Treasury ETF Dividend Announcement

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Holos Integrated Wealth LLC acquired a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF during the 4th quarter valued at $41,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF during the fourth quarter worth $49,000. Crews Bank & Trust lifted its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 348.7% during the fourth quarter. Crews Bank & Trust now owns 8,975 shares of the company’s stock valued at $178,000 after purchasing an additional 6,975 shares during the last quarter. Midwest Professional Planners LTD. lifted its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 6.3% during the first quarter. Midwest Professional Planners LTD. now owns 10,900 shares of the company’s stock valued at $215,000 after purchasing an additional 642 shares during the last quarter. Finally, Heartland Bank & Trust Co acquired a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 4th quarter valued at $351,000.

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.