iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) Shares Down 0.1% – Here’s What Happened

Shares of iShares iBonds Dec 2034 Term Treasury ETF (NASDAQ:IBTP) traded down 0.1% during mid-day trading on Monday . The stock traded as low as $24.92 and last traded at $24.94. 172,170 shares traded hands during trading, an increase of 235% from the average daily volume of 51,412 shares. The stock had previously closed at $24.97.

iShares iBonds Dec 2034 Term Treasury ETF Trading Up 0.1%

The business has a fifty day moving average price of $25.21 and a 200-day moving average price of $25.52.

iShares iBonds Dec 2034 Term Treasury ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd will be given a dividend of $0.0862 per share. The ex-dividend date is Monday, August 3rd. This is a positive change from iShares iBonds Dec 2034 Term Treasury ETF’s previous dividend of $0.09.

Hedge Funds Weigh In On iShares iBonds Dec 2034 Term Treasury ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Confluence Investment Management LLC increased its position in iShares iBonds Dec 2034 Term Treasury ETF by 5.0% during the second quarter. Confluence Investment Management LLC now owns 965,101 shares of the company’s stock worth $24,499,000 after acquiring an additional 45,923 shares during the period. Atlantic Union Bankshares Corp grew its position in shares of iShares iBonds Dec 2034 Term Treasury ETF by 32.6% during the 4th quarter. Atlantic Union Bankshares Corp now owns 1,272,993 shares of the company’s stock worth $32,855,000 after purchasing an additional 313,063 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF during the 3rd quarter worth approximately $389,000. United Capital Financial Advisors LLC increased its holdings in shares of iShares iBonds Dec 2034 Term Treasury ETF by 43.6% during the third quarter. United Capital Financial Advisors LLC now owns 60,275 shares of the company’s stock worth $1,562,000 after purchasing an additional 18,300 shares during the period. Finally, Dearborn Partners LLC bought a new position in shares of iShares iBonds Dec 2034 Term Treasury ETF during the fourth quarter worth approximately $206,000.

iShares iBonds Dec 2034 Term Treasury ETF Company Profile

The iShares iBonds Dec 2034 Term Treasury ETF (IBTP) is an exchange-traded fund that is based on the ICE 2034 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2034. The fund will terminate in December 2034. IBTP was launched on Jun 11, 2024 and is issued by BlackRock.