iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Sees Strong Trading Volume – Here’s Why

Shares of iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTKGet Free Report) saw strong trading volume on Wednesday . 603,872 shares changed hands during mid-day trading, an increase of 327% from the previous session’s volume of 141,407 shares.The stock last traded at $19.8350 and had previously closed at $19.81.

iShares iBonds Dec 2030 Term Treasury ETF Trading Up 0.2%

The business’s fifty day simple moving average is $19.91 and its 200 day simple moving average is $19.80.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were issued a dividend of $0.0607 per share. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%.

Institutional Trading of iShares iBonds Dec 2030 Term Treasury ETF

Hedge funds have recently modified their holdings of the company. Crews Bank & Trust grew its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 66.7% during the third quarter. Crews Bank & Trust now owns 2,000 shares of the company’s stock valued at $40,000 after purchasing an additional 800 shares during the period. CNB Bank acquired a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF in the 3rd quarter valued at approximately $41,000. Rebalance LLC bought a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the 2nd quarter worth approximately $224,000. Leavell Investment Management Inc. bought a new stake in iShares iBonds Dec 2030 Term Treasury ETF in the 2nd quarter valued at $272,000. Finally, Reliant Wealth Planning boosted its stake in 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 during the period.

About iShares iBonds Dec 2030 Term Treasury ETF

(Get Free Report)

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.

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