Montecito Bank & Trust Makes New Investment in iShares iBonds Dec 2030 Term Treasury ETF $IBTK

Montecito Bank & Trust acquired a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 44,049 shares of the company’s stock, valued at approximately $836,000. Montecito Bank & Trust owned about 0.08% of iShares iBonds Dec 2030 Term Treasury ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IBTK. NewEdge Advisors LLC increased its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 6.6% in the first quarter. NewEdge Advisors LLC now owns 500,133 shares of the company’s stock valued at $9,863,000 after buying an additional 30,944 shares during the last quarter. Confluence Investment Management LLC purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the 3rd quarter worth about $5,893,000. Heartland Bank & Trust Co purchased a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the 2nd quarter worth about $4,286,000. Janney Montgomery Scott LLC increased its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 62.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 188,443 shares of the company’s stock valued at $3,716,000 after acquiring an additional 72,374 shares during the last quarter. Finally, Parallel Advisors LLC increased its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 9.4% in the 1st quarter. Parallel Advisors LLC now owns 181,965 shares of the company’s stock valued at $3,588,000 after acquiring an additional 15,559 shares during the last quarter.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

Shares of NASDAQ IBTK traded down $0.01 during midday trading on Thursday, hitting $18.98. 416,142 shares of the company’s stock were exchanged, compared to its average volume of 282,287. The firm’s fifty day simple moving average is $19.28 and its 200-day simple moving average is $19.47. iShares iBonds Dec 2030 Term Treasury ETF has a twelve month low of $18.91 and a twelve month high of $20.07.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st will be paid a $0.0591 dividend. This is a decrease from iShares iBonds Dec 2030 Term Treasury ETF’s previous monthly dividend of $0.0619. This represents a $0.71 annualized dividend and a yield of 3.7%. The ex-dividend date is Thursday, October 1st.

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.