iShares iBonds Dec 2031 Term Treasury ETF $IBTL Shares Newly Purchased by Montecito Bank & Trust

Montecito Bank & Trust acquired a new stake in iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 40,261 shares of the company’s stock, valued at approximately $784,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. McIlrath & Eck LLC purchased a new stake in iShares iBonds Dec 2031 Term Treasury ETF during the first quarter worth about $52,000. Boston Family Office LLC increased its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 10.8% in the fourth quarter. Boston Family Office LLC now owns 105,256 shares of the company’s stock valued at $2,160,000 after buying an additional 10,227 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings 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 buying an additional 60,597 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 15.7% during the 4th quarter. Parallel Advisors LLC now owns 170,382 shares of the company’s stock valued at $3,497,000 after acquiring an additional 23,145 shares during the period. Finally, NewEdge Advisors LLC lifted its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 5.0% during the 1st quarter. NewEdge Advisors LLC now owns 638,564 shares of the company’s stock valued at $13,026,000 after acquiring an additional 30,220 shares during the period.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

Shares of NASDAQ:IBTL traded down $0.02 during trading on Thursday, hitting $19.45. 337,769 shares of the stock were exchanged, compared to its average volume of 222,417. The company has a fifty day moving average price of $19.85 and a two-hundred day moving average price of $20.09. iShares iBonds Dec 2031 Term Treasury ETF has a 12-month low of $19.37 and a 12-month high of $20.81.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 6th. Investors of record on Thursday, October 1st will be issued a dividend of $0.0656 per share. This is a drop from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.0661. This represents a $0.79 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Thursday, October 1st.

iShares iBonds Dec 2031 Term Treasury ETF 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.