iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Sees Strong Trading Volume – Here’s What Happened

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) shares saw strong trading volume on Thursday . Approximately 680,541 shares traded hands during mid-day trading, an increase of 281% from the previous session’s volume of 178,523 shares.The stock last traded at $20.07 and had previously closed at $20.03.

iShares iBonds Dec 2031 Term Treasury ETF Trading Up 0.2%

The stock’s fifty day moving average is $20.15 and its 200-day moving average is $20.37.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.0618 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

Several hedge funds have recently modified their holdings of the company. Integrated Wealth Concepts LLC increased its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 3.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 26,370 shares of the company’s stock valued at $536,000 after purchasing an additional 822 shares in the last quarter. Bogart Wealth LLC increased its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 62.6% in the fourth quarter. Bogart Wealth LLC now owns 3,591 shares of the company’s stock valued at $74,000 after buying an additional 1,383 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF in the fourth quarter valued at approximately $38,000. Reliant Wealth Planning lifted its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 16.8% during the 4th quarter. Reliant Wealth Planning now owns 16,898 shares of the company’s stock valued at $347,000 after buying an additional 2,428 shares in the last quarter. Finally, McIlrath & Eck LLC acquired a new stake in iShares iBonds Dec 2031 Term Treasury ETF in the 1st quarter valued at $52,000.

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.