iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Trading Up 0.2% – What’s Next?

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO)’s stock price were up 0.2% during trading on Tuesday . The stock traded as high as $24.65 and last traded at $24.62. Approximately 49,145 shares traded hands during trading, a decline of 28% from the average daily volume of 68,409 shares. The stock had previously closed at $24.56.

iShares iBonds Dec 2033 Term Treasury ETF Trading Up 0.2%

The stock has a fifty day moving average price of $24.58 and a two-hundred day moving average price of $24.33.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.081 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Wednesday, October 1st.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

Several hedge funds have recently made changes to their positions in IBTO. Cambridge Investment Research Advisors Inc. acquired a new stake in iShares iBonds Dec 2033 Term Treasury ETF during the first quarter valued at approximately $226,000. Jaffetilchin Investment Partners LLC acquired a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF during the 1st quarter valued at $267,000. Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF during the 1st quarter worth $748,000. Headland Capital LLC acquired a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF in the 1st quarter worth $6,648,000. Finally, Atlantic Union Bankshares Corp raised its position in shares of iShares iBonds Dec 2033 Term Treasury ETF by 3.1% during the first quarter. Atlantic Union Bankshares Corp now owns 733,299 shares of the company’s stock worth $17,892,000 after purchasing an additional 22,206 shares during the period.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

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.