iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Hits New 1-Year Low – Should You Sell?

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $19.45 and last traded at $19.48, with a volume of 150929 shares traded. The stock had previously closed at $19.47.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

The business’s 50-day moving average price is $19.70 and its 200 day moving average price is $19.81.

iShares iBonds Dec 2030 Term Treasury ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a $0.0601 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Thoroughbred Financial Services LLC grew its position in iShares iBonds Dec 2030 Term Treasury ETF by 54.5% in the third quarter. Thoroughbred Financial Services LLC now owns 187,023 shares of the company’s stock worth $3,717,000 after acquiring an additional 66,005 shares in the last quarter. Rebalance LLC raised its position in iShares iBonds Dec 2030 Term Treasury ETF by 2,181.9% during the fourth quarter. Rebalance LLC now owns 259,748 shares of the company’s stock valued at $5,155,000 after purchasing an additional 248,365 shares in the last quarter. Titleist Asset Management LLC lifted its stake in iShares iBonds Dec 2030 Term Treasury ETF by 2.8% during the third quarter. Titleist Asset Management LLC now owns 1,058,330 shares of the company’s stock worth $21,034,000 after purchasing an additional 28,501 shares during the last quarter. Reliant Wealth Planning boosted its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 5.2% in the 3rd quarter. Reliant Wealth Planning now owns 18,538 shares of the company’s stock worth $368,000 after purchasing an additional 909 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 5,624.5% in the 3rd quarter. NewEdge Advisors LLC now owns 420,862 shares of the company’s stock worth $8,365,000 after purchasing an additional 413,510 shares in the last quarter.

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.