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

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) saw strong trading volume on Wednesday . Approximately 1,286,011 shares were traded during mid-day trading, an increase of 427% from the previous session’s volume of 243,855 shares.The stock last traded at $19.41 and had previously closed at $19.41.

iShares iBonds Dec 2030 Term Treasury ETF Trading Up 0.2%

The stock has a 50-day moving average price of $19.46 and a 200-day moving average price of $19.64.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a $0.0603 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, August 3rd.

Hedge Funds Weigh In On iShares iBonds Dec 2030 Term Treasury ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IBTK. NewEdge Advisors LLC increased its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 5,624.5% in the third quarter. NewEdge Advisors LLC now owns 420,862 shares of the company’s stock valued at $8,365,000 after acquiring an additional 413,510 shares during the period. Ameriprise Financial Inc. raised its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 105.8% during the third quarter. Ameriprise Financial Inc. now owns 239,816 shares of the company’s stock valued at $4,749,000 after acquiring an additional 123,261 shares during the last quarter. Hughes Financial Services LLC purchased a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF during the fourth quarter worth about $2,150,000. Titleist Asset Management LLC grew its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 9.5% in the fourth quarter. Titleist Asset Management LLC now owns 1,158,487 shares of the company’s stock worth $22,990,000 after purchasing an additional 100,157 shares during the last quarter. Finally, United Capital Financial Advisors LLC grew its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 65.6% in the third quarter. United Capital Financial Advisors LLC now owns 234,520 shares of the company’s stock worth $4,661,000 after purchasing an additional 92,887 shares during the last quarter.

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.