iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) Trading Up 0.3% – Here’s Why

iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) rose 0.3% during mid-day trading on Wednesday . The company traded as high as $25.08 and last traded at $25.07. Approximately 8,988 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 13,378 shares. The stock had previously closed at $25.00.

iShares iBonds Dec 2044 Term Treasury ETF Stock Up 0.3%

The stock has a 50 day simple moving average of $25.25 and a 200 day simple moving average of $24.76.

iShares iBonds Dec 2044 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 4th. Investors of record on Monday, December 1st will be given a dividend of $0.0913 per share. The ex-dividend date is Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.4%.

Institutional Investors Weigh In On iShares iBonds Dec 2044 Term Treasury ETF

A hedge fund recently raised its stake in iShares iBonds Dec 2044 Term Treasury ETF stock. Atlantic Union Bankshares Corp grew its position in shares of iShares iBonds Dec 2044 Term Treasury ETF (NASDAQ:IBGA) by 4.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 664,943 shares of the company’s stock after acquiring an additional 29,368 shares during the quarter. Atlantic Union Bankshares Corp owned about 24.18% of iShares iBonds Dec 2044 Term Treasury ETF worth $16,487,000 as of its most recent filing with the SEC.

About iShares iBonds Dec 2044 Term Treasury ETF

The iShares iBonds Dec 2044 Term Treasury ETF (IBGA) is an exchange-traded fund that is based on the ICE 2044 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2044. The fund will terminate in December 2044. IBGA was launched on Jun 11, 2024 and is issued by BlackRock.