iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Sets New 52-Week High – Still a Buy?

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) reached a new 52-week high during trading on Friday . The company traded as high as $20.06 and last traded at $20.0450, with a volume of 5779 shares trading hands. The stock had previously closed at $20.00.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

The company’s 50-day moving average price is $19.86 and its two-hundred day moving average price is $19.88.

iShares iBonds Dec 2030 Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.0614 per share. The ex-dividend date was Monday, February 2nd. This is an increase from iShares iBonds Dec 2030 Term Treasury ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a yield of 3.7%.

Institutional Investors Weigh In On iShares iBonds Dec 2030 Term Treasury ETF

Institutional investors have recently made changes to their positions in the company. Crews Bank & Trust raised its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 66.7% during the 3rd quarter. Crews Bank & Trust now owns 2,000 shares of the company’s stock valued at $40,000 after acquiring an additional 800 shares in the last quarter. Reliant Wealth Planning increased its stake in iShares iBonds Dec 2030 Term Treasury ETF by 5.2% during the third quarter. Reliant Wealth Planning now owns 18,538 shares of the company’s stock valued at $368,000 after purchasing an additional 909 shares during the last quarter. CNB Bank acquired a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF during the third quarter worth $41,000. Holos Integrated Wealth LLC bought a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 4th quarter worth about $41,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of 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 buying an additional 2,180 shares during the period.

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.