iShares iBonds Dec 2045 Term Treasury ETF (NASDAQ:IBGB) Trading Down 0.7% – Here’s Why

iShares iBonds Dec 2045 Term Treasury ETF (NASDAQ:IBGB) dropped 0.7% during trading on Monday . The stock traded as low as $24.52 and last traded at $24.52. Approximately 648 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 3,355 shares. The stock had previously closed at $24.69.

iShares iBonds Dec 2045 Term Treasury ETF Stock Performance

The firm’s 50-day moving average is $24.83 and its 200-day moving average is $24.89.

iShares iBonds Dec 2045 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd will be given a $0.0827 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

About iShares iBonds Dec 2045 Term Treasury ETF

iShares Trust – iShares iBonds Dec 2025 Term Treasury ETF is an exchange traded fund launched by BlackRock, Inc The fund is managed by BlackRock Fund Advisors. It invests in the fixed income markets of the United States. The fund uses derivatives such as futures, options and swaps to create its portfolio. The fund primarily invests in publicly-issued U.S. Treasury securities with a fixed coupon schedule and be denominated in U.S. dollars. It invests in securities that will mature between January 1, 2045 and December 15, 2045.