iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Share Price Cross Below 200 Day Moving Average – Should You Sell?

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $24.41 and traded as low as $24.13. iShares iBonds Dec 2033 Term Treasury ETF shares last traded at $24.20, with a volume of 43,995 shares traded.

iShares iBonds Dec 2033 Term Treasury ETF Price Performance

The company’s 50 day moving average is $24.49 and its 200-day moving average is $24.41.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.0837 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date was Friday, November 1st.

Institutional Trading of iShares iBonds Dec 2033 Term Treasury ETF

A hedge fund recently raised its position in iShares iBonds Dec 2033 Term Treasury ETF stock. Atlantic Union Bankshares Corp grew its stake in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) by 28.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,112,658 shares of the company’s stock after acquiring an additional 245,586 shares during the quarter. iShares iBonds Dec 2033 Term Treasury ETF accounts for 1.7% of Atlantic Union Bankshares Corp’s portfolio, making the stock its 9th biggest holding. Atlantic Union Bankshares Corp owned about 13.17% of iShares iBonds Dec 2033 Term Treasury ETF worth $26,701,000 as of its most recent filing with the Securities and Exchange Commission.

About iShares iBonds Dec 2033 Term Treasury ETF

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.