iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Share Price Cross Below 50-Day Moving Average – Here’s Why

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) shares passed below its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $21.95 and traded as low as $21.86. iShares iBonds Dec 2032 Term Treasury ETF shares last traded at $21.86, with a volume of 205,208 shares.

iShares iBonds Dec 2032 Term Treasury ETF Trading Down 0.6%

The stock has a 50-day simple moving average of $21.95 and a two-hundred day simple moving average of $22.56.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.0742 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, November 2nd. This is a positive change from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.07.

Institutional Trading of iShares iBonds Dec 2032 Term Treasury ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Bessemer Group Inc. bought a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF in the third quarter valued at about $51,000. McIlrath & Eck LLC purchased a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the first quarter worth about $73,000. Harbour Investments Inc. bought a new position in iShares iBonds Dec 2032 Term Treasury ETF during the 3rd quarter worth about $84,000. Atlantic Private Wealth LLC grew its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 6.2% during the 1st quarter. Atlantic Private Wealth LLC now owns 234,626 shares of the company’s stock worth $5,380,000 after acquiring an additional 13,686 shares in the last quarter. Finally, Parallel Advisors LLC grew its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 36.5% during the 3rd quarter. Parallel Advisors LLC now owns 242,444 shares of the company’s stock worth $5,270,000 after acquiring an additional 64,859 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.