iShares iBonds Dec 2054 Term Treasury ETF (NASDAQ:IBGK) Stock Jumps 1.8% – Should You Buy?

iShares iBonds Dec 2054 Term Treasury ETF (NASDAQ:IBGK)’s stock price traded up 1.8% during mid-day trading on Thursday. The company traded as high as $22.10 and last traded at $22.09. Approximately 436 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 914 shares. The stock had previously closed at $21.71.

iShares iBonds Dec 2054 Term Treasury ETF Stock Down 0.2%

The firm’s 50 day moving average price is $21.79 and its two-hundred day moving average price is $22.58.

iShares iBonds Dec 2054 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.0904 per share. This is a decrease from iShares iBonds Dec 2054 Term Treasury ETF’s previous monthly dividend of $0.0933. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Thursday, October 1st.

About iShares iBonds Dec 2054 Term Treasury ETF

The iShares iBonds Dec 2054 Term Treasury ETF (IBGK) is an exchange-traded fund that is based on the ICE 2054 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2054. The fund will terminate in December 2054. IBGK was launched on Jun 11, 2024 and is issued by BlackRock.