496,439 Shares in iShares iBonds Dec 2031 Term Treasury ETF $IBTL Acquired by Heartwood Wealth Advisors LLC

Heartwood Wealth Advisors LLC bought a new stake in iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 496,439 shares of the company’s stock, valued at approximately $9,666,000. iShares iBonds Dec 2031 Term Treasury ETF comprises approximately 0.8% of Heartwood Wealth Advisors LLC’s holdings, making the stock its 28th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Montecito Bank & Trust acquired a new position in iShares iBonds Dec 2031 Term Treasury ETF in the 3rd quarter valued at $784,000. Confluence Investment Management LLC purchased a new position in iShares iBonds Dec 2031 Term Treasury ETF in the 3rd quarter valued at $16,376,000. NewEdge Advisors LLC boosted its stake in iShares iBonds Dec 2031 Term Treasury ETF by 6.0% during the 2nd quarter. NewEdge Advisors LLC now owns 676,777 shares of the company’s stock worth $13,664,000 after purchasing an additional 38,213 shares during the last quarter. Parallel Advisors LLC boosted its stake in iShares iBonds Dec 2031 Term Treasury ETF by 17.8% during the 1st quarter. Parallel Advisors LLC now owns 200,701 shares of the company’s stock worth $4,094,000 after purchasing an additional 30,319 shares during the last quarter. Finally, McIlrath & Eck LLC purchased a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF during the first quarter worth $52,000.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

Shares of NASDAQ IBTL traded down $0.03 during mid-day trading on Monday, reaching $19.39. The company’s stock had a trading volume of 114,020 shares, compared to its average volume of 222,100. The stock has a 50-day moving average of $19.83 and a two-hundred day moving average of $20.08. iShares iBonds Dec 2031 Term Treasury ETF has a 1-year low of $19.37 and a 1-year high of $20.81.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st will be issued a $0.0656 dividend. This represents a $0.79 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Thursday, October 1st. This is a negative change from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.0661.

About iShares iBonds Dec 2031 Term Treasury ETF

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.