iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Sees Strong Trading Volume – Should You Buy?

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) saw unusually-strong trading volume on Friday. Approximately 894,667 shares changed hands during trading, an increase of 573% from the previous session’s volume of 132,974 shares. The stock last traded at $21.7950 and had previously closed at $21.77.

iShares iBonds Dec 2032 Term Treasury ETF Stock Up 0.1%

The stock’s 50 day simple moving average is $22.32 and its 200 day simple moving average is $22.60.

iShares iBonds Dec 2032 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 given a dividend of $0.0759 per share. The ex-dividend date was Tuesday, September 1st. This is a positive change from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.0754. This represents a $0.91 annualized dividend and a yield of 4.2%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in IBTM. McIlrath & Eck LLC bought a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF in the first quarter worth about $73,000. Parallel Advisors LLC bought a new position in iShares iBonds Dec 2032 Term Treasury ETF during the 4th quarter valued at approximately $1,524,000. Boston Family Office LLC lifted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 4.2% in the 4th quarter. Boston Family Office LLC now owns 72,218 shares of the company’s stock worth $1,666,000 after buying an additional 2,893 shares during the period. Atlantic Private Wealth LLC lifted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 10.9% in the 4th quarter. Atlantic Private Wealth LLC now owns 220,940 shares of the company’s stock worth $5,098,000 after buying an additional 21,781 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in shares of 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 worth $12,644,000 after buying an additional 65,447 shares during 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.