iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Announces Monthly Dividend of $0.08

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) declared a monthly dividend on Monday, August 31st. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.0759 per share on Friday, September 4th. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a 0.7% increase from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.08.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

Shares of NASDAQ:IBTM traded down $0.11 on Tuesday, reaching $22.25. 165,706 shares of the company traded hands, compared to its average volume of 129,501. iShares iBonds Dec 2032 Term Treasury ETF has a fifty-two week low of $22.24 and a fifty-two week high of $23.46. The company’s 50 day moving average is $22.51 and its 200-day moving average is $22.75.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

Hedge funds have recently modified their holdings of the stock. Ameriprise Financial Inc. boosted its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 64.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 361,010 shares of the company’s stock valued at $8,332,000 after purchasing an additional 141,122 shares during the period. Parallel Advisors LLC raised its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 146.6% during the 1st quarter. Parallel Advisors LLC now owns 162,870 shares of the company’s stock worth $3,735,000 after buying an additional 96,836 shares during the period. Janney Montgomery Scott LLC lifted its stake in iShares iBonds Dec 2032 Term Treasury ETF by 13.5% during the first quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock valued at $12,644,000 after buying an additional 65,447 shares in the last quarter. Atlantic Private Wealth LLC lifted its stake in iShares iBonds Dec 2032 Term Treasury ETF by 25.3% during the second quarter. Atlantic Private Wealth LLC now owns 293,989 shares of the company’s stock valued at $6,672,000 after buying an additional 59,363 shares in the last quarter. Finally, Captrust Financial Advisors acquired a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF in the second quarter worth about $672,000.

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.