iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Reaches New 12-Month Low – Here’s What Happened

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) hit a new 52-week low during trading on Wednesday . The stock traded as low as $19.59 and last traded at $19.5650, with a volume of 7489 shares. The stock had previously closed at $19.64.

iShares iBonds Dec 2031 Term Treasury ETF Trading Down 0.5%

The company’s 50-day simple moving average is $19.92 and its two-hundred day simple moving average is $20.13.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a $0.0661 dividend. This represents a c) annualized dividend and a yield of 4.1%. This is a boost from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date was Tuesday, September 1st.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of IBTL. Janney Montgomery Scott LLC boosted its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 67.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 149,914 shares of the company’s stock worth $3,058,000 after purchasing an additional 60,597 shares in the last quarter. Thoroughbred Financial Services LLC boosted its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 28.3% in the fourth 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 during the last quarter. NewEdge Advisors LLC increased its position in iShares iBonds Dec 2031 Term Treasury ETF by 6.0% during the second quarter. NewEdge Advisors LLC now owns 676,777 shares of the company’s stock valued at $13,664,000 after acquiring an additional 38,213 shares during the last quarter. Parallel Advisors LLC increased its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 17.8% during the 1st quarter. Parallel Advisors LLC now owns 200,701 shares of the company’s stock valued at $4,094,000 after purchasing an additional 30,319 shares during the last quarter. Finally, Boston Family Office LLC raised its position in iShares iBonds Dec 2031 Term Treasury ETF by 10.8% in the fourth quarter. Boston Family Office LLC now owns 105,256 shares of the company’s stock worth $2,160,000 after acquiring an additional 10,227 shares during the period.

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.