iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Hits New 1-Year Low – Here’s What Happened

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $21.90 and last traded at $21.89, with a volume of 18262 shares trading hands. The stock had previously closed at $22.01.

iShares iBonds Dec 2032 Term Treasury ETF Trading Down 0.8%

The firm’s 50-day moving average price is $22.35 and its 200 day moving average price is $22.62.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.0759 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Tuesday, September 1st. This is a positive change from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.08.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

Several large investors have recently made changes to their positions in IBTM. Atlantic Private Wealth LLC raised its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 25.3% during the second quarter. Atlantic Private Wealth LLC now owns 293,989 shares of the company’s stock valued at $6,672,000 after buying an additional 59,363 shares during the last quarter. Parallel Advisors LLC grew its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 146.6% in the 1st quarter. Parallel Advisors LLC now owns 162,870 shares of the company’s stock worth $3,735,000 after buying an additional 96,836 shares in the last quarter. McIlrath & Eck LLC acquired a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the 1st quarter valued at approximately $73,000. Janney Montgomery Scott LLC increased its position in iShares iBonds Dec 2032 Term Treasury ETF by 13.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock valued at $12,644,000 after acquiring an additional 65,447 shares during the period. Finally, Boston Family Office LLC raised its stake in iShares iBonds Dec 2032 Term Treasury ETF by 4.2% during the 4th quarter. Boston Family Office LLC now owns 72,218 shares of the company’s stock valued at $1,666,000 after acquiring an additional 2,893 shares in the last quarter.

iShares iBonds Dec 2032 Term Treasury ETF Company Profile

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.