iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) Shares Set to Pay Monthly Dividend of $0.06

iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) declared a monthly dividend on Wednesday, September 30th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.0591 per share on Tuesday, October 6th. This represents a $0.71 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Thursday, October 1st. This is a 4.5% decrease from iShares iBonds Dec 2030 Term Treasury ETF’s previous monthly dividend of $0.0619.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

NASDAQ IBTK opened at $18.99 on Thursday. The business’s 50 day moving average price is $19.28 and its 200-day moving average price is $19.47. iShares iBonds Dec 2030 Term Treasury ETF has a fifty-two week low of $18.95 and a fifty-two week high of $20.07.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Heartland Bank & Trust Co purchased a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF in the second quarter valued at $4,286,000. NewEdge Advisors LLC boosted its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 6.6% during the 1st quarter. NewEdge Advisors LLC now owns 500,133 shares of the company’s stock worth $9,863,000 after purchasing an additional 30,944 shares during the period. Hughes Financial Services LLC purchased a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF during the 4th quarter worth about $2,150,000. Janney Montgomery Scott LLC boosted its stake in shares of 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. Finally, Parallel Advisors LLC grew its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 9.4% during the 1st quarter. Parallel Advisors LLC now owns 181,965 shares of the company’s stock valued at $3,588,000 after purchasing an additional 15,559 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.