iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Sets New 52-Week Low – Here’s What Happened

Shares of iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $19.66 and last traded at $19.6450, with a volume of 239858 shares. The stock had previously closed at $19.66.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

The business has a 50 day moving average of $19.98 and a 200 day moving average of $20.19.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.0661 per share. This is a positive change from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Tuesday, September 1st.

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

Several large investors have recently modified their holdings of the stock. NewEdge Advisors LLC grew its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 9,036.6% in the 3rd quarter. NewEdge Advisors LLC now owns 542,072 shares of the company’s stock valued at $11,150,000 after purchasing an additional 536,139 shares during the period. Ameriprise Financial Inc. boosted its stake in iShares iBonds Dec 2031 Term Treasury ETF by 40.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 495,443 shares of the company’s stock valued at $10,174,000 after buying an additional 141,988 shares in the last quarter. United Capital Financial Advisors LLC grew its position in iShares iBonds Dec 2031 Term Treasury ETF by 64.5% in the third quarter. United Capital Financial Advisors LLC now owns 224,705 shares of the company’s stock valued at $4,622,000 after acquiring an additional 88,097 shares during the period. Janney Montgomery Scott LLC grew its position in iShares iBonds Dec 2031 Term Treasury ETF by 67.8% in the first quarter. Janney Montgomery Scott LLC now owns 149,914 shares of the company’s stock valued at $3,058,000 after acquiring an additional 60,597 shares during the period. Finally, Thoroughbred Financial Services LLC raised its stake in iShares iBonds Dec 2031 Term Treasury ETF by 28.3% during the fourth quarter. Thoroughbred Financial Services LLC now owns 187,518 shares of the company’s stock worth $3,848,000 after acquiring an additional 41,354 shares in the last quarter.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

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.