iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Sees Unusually-High Trading Volume – Here’s What Happened

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) saw an uptick in trading volume on Wednesday . Approximately 905,762 shares traded hands during trading, an increase of 259% from the previous session’s volume of 252,084 shares.The stock last traded at $19.2550 and had previously closed at $19.28.

iShares iBonds Dec 2030 Term Treasury ETF Stock Down 0.2%

The business has a 50 day moving average of $19.40 and a 200-day moving average of $19.57.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a dividend of $0.0619 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

Hedge funds have recently bought and sold shares of the company. Midwest Professional Planners LTD. increased its stake in 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 worth $215,000 after acquiring an additional 642 shares during the last quarter. Heartland Bank & Trust Co lifted its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 27.7% during the 1st quarter. Heartland Bank & Trust Co now owns 22,603 shares of the company’s stock worth $446,000 after buying an additional 4,897 shares during the last quarter. Captrust Financial Advisors boosted its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 20.1% in the second quarter. Captrust Financial Advisors now owns 30,499 shares of the company’s stock worth $605,000 after purchasing an additional 5,107 shares during the period. Reliant Wealth Planning raised its stake in iShares iBonds Dec 2030 Term Treasury ETF by 100.8% during the fourth quarter. Reliant Wealth Planning now owns 37,219 shares of the company’s stock worth $739,000 after acquiring an additional 18,681 shares during the period. Finally, NewEdge Advisors LLC grew its stake in iShares iBonds Dec 2030 Term Treasury ETF by 5.3% during the 1st quarter. NewEdge Advisors LLC now owns 43,479 shares of the company’s stock worth $855,000 after buying an additional 2,180 shares during 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.