iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Reaches New 52-Week Low – Time to Sell?

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as $19.82 and last traded at $19.8350, with a volume of 162516 shares. The stock had previously closed at $19.85.

iShares iBonds Dec 2031 Term Treasury ETF Stock Down 0.1%

The business’s fifty day moving average is $20.01 and its 200-day moving average is $20.21.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a $0.0661 dividend. The ex-dividend date was Tuesday, September 1st. This is a boost from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 4.0%.

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

A number of hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC lifted its position 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 acquiring an additional 536,139 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 40.2% during the third quarter. Ameriprise Financial Inc. now owns 495,443 shares of the company’s stock worth $10,174,000 after purchasing an additional 141,988 shares in the last quarter. United Capital Financial Advisors LLC raised its stake in iShares iBonds Dec 2031 Term Treasury ETF by 64.5% during the 3rd 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 period. Janney Montgomery Scott LLC raised its stake in iShares iBonds Dec 2031 Term Treasury ETF by 67.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 149,914 shares of the company’s stock valued at $3,058,000 after purchasing an additional 60,597 shares during the period. Finally, Thoroughbred Financial Services LLC lifted its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 28.3% in the 4th quarter. Thoroughbred Financial Services LLC now owns 187,518 shares of the company’s stock worth $3,848,000 after purchasing an additional 41,354 shares in the last quarter.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

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.