Parallel Advisors LLC Buys New Position in iShares iBonds Dec 2032 Term Treasury ETF $IBTM

Parallel Advisors LLC bought a new stake in iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 66,034 shares of the company’s stock, valued at approximately $1,524,000. Parallel Advisors LLC owned about 0.29% of iShares iBonds Dec 2032 Term Treasury ETF at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Ameriprise Financial Inc. boosted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 64.2% in the third quarter. Ameriprise Financial Inc. now owns 361,010 shares of the company’s stock valued at $8,332,000 after acquiring an additional 141,122 shares during the last quarter. NewEdge Advisors LLC lifted its stake in iShares iBonds Dec 2032 Term Treasury ETF by 5.2% in the second quarter. NewEdge Advisors LLC now owns 360,156 shares of the company’s stock valued at $8,294,000 after buying an additional 17,906 shares during the period. Thoroughbred Financial Services LLC lifted its stake in iShares iBonds Dec 2032 Term Treasury ETF by 58.9% in the third quarter. Thoroughbred Financial Services LLC now owns 98,547 shares of the company’s stock valued at $2,279,000 after buying an additional 36,512 shares during the period. United Capital Financial Advisors LLC lifted its stake in iShares iBonds Dec 2032 Term Treasury ETF by 45.3% in the third quarter. United Capital Financial Advisors LLC now owns 67,319 shares of the company’s stock valued at $1,557,000 after buying an additional 20,985 shares during the period. Finally, Captrust Financial Advisors acquired a new position in iShares iBonds Dec 2032 Term Treasury ETF in the second quarter valued at approximately $672,000.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

Shares of IBTM opened at $22.53 on Monday. iShares iBonds Dec 2032 Term Treasury ETF has a 52-week low of $22.43 and a 52-week high of $23.46. The business’s 50 day moving average price is $22.77 and its two-hundred day moving average price is $23.00.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.0756 dividend. The ex-dividend date of this dividend was Monday, June 1st.

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.