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

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) shares saw an uptick in trading volume on Thursday . 680,541 shares changed 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 Stock Performance

The business’s 50 day moving average price is $20.15 and its 200 day moving average price 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 paid a dividend of $0.0618 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Wednesday, July 1st.

Institutional Trading of iShares iBonds Dec 2031 Term Treasury ETF

A number of institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC increased its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 3.2% during the first quarter. Integrated Wealth Concepts LLC now owns 26,370 shares of the company’s stock worth $536,000 after purchasing an additional 822 shares in the last quarter. Bogart Wealth LLC lifted its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 62.6% in the 4th quarter. Bogart Wealth LLC now owns 3,591 shares of the company’s stock valued at $74,000 after purchasing an additional 1,383 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in iShares iBonds Dec 2031 Term Treasury ETF during the 4th quarter worth $38,000. Reliant Wealth Planning boosted its stake in 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 worth $347,000 after purchasing an additional 2,428 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.

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.