Montecito Bank & Trust Acquires New Position in iShares iBonds Dec 2030 Term Treasury ETF $IBTK

Montecito Bank & Trust acquired a new stake in iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 25,842 shares of the company’s stock, valued at approximately $514,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Rebalance LLC purchased a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF during the 2nd quarter worth approximately $224,000. Leavell Investment Management Inc. acquired a new position in iShares iBonds Dec 2030 Term Treasury ETF during the second quarter worth $272,000. Captrust Financial Advisors raised its position in iShares iBonds Dec 2030 Term Treasury ETF by 20.1% in the second quarter. Captrust Financial Advisors now owns 30,499 shares of the company’s stock worth $605,000 after acquiring an additional 5,107 shares in the last quarter. Strategic Blueprint LLC acquired a new stake in iShares iBonds Dec 2030 Term Treasury ETF in the second quarter valued at $763,000. Finally, Old Port Advisors purchased a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF during the 2nd quarter worth $813,000.

iShares iBonds Dec 2030 Term Treasury ETF Stock Up 0.2%

NASDAQ:IBTK opened at $19.92 on Friday. The firm’s fifty day simple moving average is $19.91 and its 200-day simple moving average is $19.81. iShares iBonds Dec 2030 Term Treasury ETF has a fifty-two week low of $18.99 and a fifty-two week high of $20.02.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th will be given a dividend of $0.0587 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date is Friday, December 19th.

iShares iBonds Dec 2030 Term Treasury ETF 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.