iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Sees Strong Trading Volume – Here’s What Happened

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) shares saw unusually-high trading volume on Tuesday . 113,377 shares traded hands during mid-day trading, a decline of 38% from the previous session’s volume of 181,711 shares.The stock last traded at $20.03 and had previously closed at $20.00.

iShares iBonds Dec 2031 Term Treasury ETF Trading Down 0.0%

The stock’s 50-day simple moving average is $20.10 and its two-hundred day simple moving average is $20.32.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.0618 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Trading of iShares iBonds Dec 2031 Term Treasury ETF

Several institutional investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC lifted its position in iShares iBonds Dec 2031 Term Treasury ETF by 3.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 26,370 shares of the company’s stock worth $536,000 after buying an additional 822 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 40.2% in the third quarter. Ameriprise Financial Inc. now owns 495,443 shares of the company’s stock worth $10,174,000 after acquiring an additional 141,988 shares during the last quarter. United Capital Financial Advisors LLC grew its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 64.5% during the third quarter. United Capital Financial Advisors LLC now owns 224,705 shares of the company’s stock valued at $4,622,000 after purchasing an additional 88,097 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 9,036.6% in the third quarter. NewEdge Advisors LLC now owns 542,072 shares of the company’s stock valued at $11,150,000 after purchasing an additional 536,139 shares in the last quarter. Finally, Headland Capital LLC increased its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 2.9% in the fourth quarter. Headland Capital LLC now owns 366,476 shares of the company’s stock valued at $7,522,000 after purchasing an additional 10,405 shares in the last quarter.

About iShares iBonds Dec 2031 Term Treasury ETF

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.