iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Hits New 12-Month Low – Should You Sell?

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTMGet Free Report) shares reached a new 52-week low during trading on Wednesday . The company traded as low as $22.43 and last traded at $22.43, with a volume of 20728 shares. The stock had previously closed at $22.48.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

The firm’s 50 day simple moving average is $22.60 and its 200-day simple moving average is $22.87.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a dividend of $0.0733 per share. The ex-dividend date was Wednesday, July 1st.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Crews Bank & Trust bought a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF during the 4th quarter worth $25,000. Bogart Wealth LLC acquired a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the 4th quarter valued at $41,000. McIlrath & Eck LLC purchased a new position in iShares iBonds Dec 2032 Term Treasury ETF during the first quarter worth approximately $73,000. Rebalance LLC purchased a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the fourth quarter valued at approximately $224,000. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 3.6% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 22,407 shares of the company’s stock worth $518,000 after purchasing an additional 780 shares during the period.

About iShares iBonds Dec 2032 Term Treasury ETF

(Get Free Report)

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.

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