iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Sees Large Volume Increase – Here’s Why

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) saw unusually-high trading volume on Tuesday . Approximately 332,545 shares were traded during trading, an increase of 204% from the previous session’s volume of 109,471 shares.The stock last traded at $23.0450 and had previously closed at $23.03.

iShares iBonds Dec 2032 Term Treasury ETF Stock Up 0.0%

The firm has a 50 day simple moving average of $23.13 and a two-hundred day simple moving average of $23.10.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.076 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is a boost 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 have recently modified their holdings of the business. Boston Family Office LLC raised its position in iShares iBonds Dec 2032 Term Treasury ETF by 6.7% in the second quarter. Boston Family Office LLC now owns 68,497 shares of the company’s stock worth $1,577,000 after acquiring an additional 4,304 shares in the last quarter. NewEdge Advisors LLC grew its position in iShares iBonds Dec 2032 Term Treasury ETF by 5.2% during the second quarter. NewEdge Advisors LLC now owns 360,156 shares of the company’s stock worth $8,294,000 after buying an additional 17,906 shares during the period. AllSquare Wealth Management LLC increased its stake in iShares iBonds Dec 2032 Term Treasury ETF by 8.8% in the 2nd quarter. AllSquare Wealth Management LLC now owns 14,459 shares of the company’s stock valued at $333,000 after purchasing an additional 1,174 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 1.0% during the second quarter. Ameriprise Financial Inc. now owns 219,888 shares of the company’s stock worth $5,064,000 after purchasing an additional 2,262 shares during the last quarter. Finally, Captrust Financial Advisors purchased a new stake in iShares iBonds Dec 2032 Term Treasury ETF during the second quarter worth $672,000.

About iShares iBonds Dec 2032 Term Treasury ETF

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.