Hughes Financial Services LLC Makes New $2.37 Million Investment in iShares iBonds Dec 2030 Term Treasury ETF $IBTK

Hughes Financial Services LLC bought a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 123,539 shares of the company’s stock, valued at approximately $2,369,000.

Other institutional investors have also recently made changes to their positions in the company. Heartwood Wealth Advisors LLC acquired a new position in iShares iBonds Dec 2030 Term Treasury ETF during the third quarter valued at $9,589,000. Confluence Investment Management LLC purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF in the third quarter valued at $5,893,000. Rebalance LLC purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF in the third quarter valued at $5,776,000. Heartland Bank & Trust Co acquired a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the 2nd quarter worth about $4,286,000. Finally, Janney Montgomery Scott LLC grew its position in iShares iBonds Dec 2030 Term Treasury ETF by 62.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 188,443 shares of the company’s stock worth $3,716,000 after purchasing an additional 72,374 shares during the period.

iShares iBonds Dec 2030 Term Treasury ETF Stock Down 0.2%

Shares of IBTK opened at $19.15 on Wednesday. The business’s 50-day moving average is $19.13 and its two-hundred day moving average is $19.50. iShares iBonds Dec 2030 Term Treasury ETF has a fifty-two week low of $18.91 and a fifty-two week high of $20.07.

iShares iBonds Dec 2030 Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be paid a $0.0624 dividend. The ex-dividend date is Monday, November 2nd. This is a positive change from iShares iBonds Dec 2030 Term Treasury ETF’s previous monthly dividend of $0.0591. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.9%.

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.