iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Stock Price Down 0.1% – Should You Sell?

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) traded down 0.1% on Monday . The company traded as low as $23.73 and last traded at $23.75. 246,942 shares changed hands during mid-day trading, an increase of 163% from the average daily volume of 93,753 shares. The stock had previously closed at $23.78.

iShares iBonds Dec 2033 Term Treasury ETF Price Performance

The firm has a 50-day moving average of $23.98 and a 200-day moving average of $24.27.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd will be paid a $0.0864 dividend. This is an increase from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Monday, August 3rd.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

Several institutional investors have recently modified their holdings of IBTO. Thoroughbred Financial Services LLC raised its position in iShares iBonds Dec 2033 Term Treasury ETF by 117.8% in the 4th quarter. Thoroughbred Financial Services LLC now owns 70,348 shares of the company’s stock worth $1,727,000 after buying an additional 38,042 shares during the last quarter. Atlantic Union Bankshares Corp lifted its stake in iShares iBonds Dec 2033 Term Treasury ETF by 24.4% during the 4th quarter. Atlantic Union Bankshares Corp now owns 1,322,916 shares of the company’s stock valued at $32,484,000 after acquiring an additional 259,627 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF during the 1st quarter valued at about $1,595,000. Headland Capital LLC boosted its holdings in shares of iShares iBonds Dec 2033 Term Treasury ETF by 2.9% during the 4th quarter. Headland Capital LLC now owns 303,888 shares of the company’s stock valued at $7,462,000 after acquiring an additional 8,552 shares during the last quarter. Finally, United Capital Financial Advisors LLC grew its stake in shares of iShares iBonds Dec 2033 Term Treasury ETF by 43.5% in the third quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock worth $1,557,000 after acquiring an additional 19,157 shares during the period.

About iShares iBonds Dec 2033 Term Treasury ETF

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.