iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Sets New 52-Week Low – Should You Sell?

by · The Markets Daily

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL – Get Free Report)’s stock price hit a new 52-week low on Monday . The company traded as low as $19.93 and last traded at $19.93, with a volume of 1391 shares changing hands. The stock had previously closed at $20.01.

iShares iBonds Dec 2031 Term Treasury ETF Trading Down 0.1%

The firm has a fifty day simple moving average of $20.05 and a 200-day simple moving average of $20.25.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a $0.066 dividend. This is a boost from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.0%.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC raised its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 3.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 26,370 shares of the company’s stock valued at $536,000 after acquiring an additional 822 shares during the period. Ameriprise Financial Inc. boosted its position in iShares iBonds Dec 2031 Term Treasury ETF by 40.2% during the 3rd 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 boosted its holdings in 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 worth $4,622,000 after purchasing an additional 88,097 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 9,036.6% during the 3rd quarter. NewEdge Advisors LLC now owns 542,072 shares of the company’s stock worth $11,150,000 after buying an additional 536,139 shares during the last quarter. Finally, Thoroughbred Financial Services LLC grew its holdings in shares of 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 valued at $3,848,000 after acquiring an additional 41,354 shares in the last quarter.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

(Get Free Report)

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.

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