Parallel Advisors LLC Has $4.09 Million Stake in iShares iBonds Dec 2031 Term Treasury ETF $IBTL

Parallel Advisors LLC increased its position in iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) by 17.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 200,701 shares of the company’s stock after purchasing an additional 30,319 shares during the quarter. Parallel Advisors LLC owned approximately 0.74% of iShares iBonds Dec 2031 Term Treasury ETF worth $4,094,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC bought a new stake in iShares iBonds Dec 2031 Term Treasury ETF in the 4th quarter valued at $38,000. Bogart Wealth LLC boosted its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 62.6% during the 4th quarter. Bogart Wealth LLC now owns 3,591 shares of the company’s stock valued at $74,000 after acquiring an additional 1,383 shares in the last quarter. Titleist Asset Management LLC bought a new stake in iShares iBonds Dec 2031 Term Treasury ETF in the fourth quarter valued at about $304,000. Reliant Wealth Planning increased its stake in iShares iBonds Dec 2031 Term Treasury ETF by 16.8% in the fourth quarter. Reliant Wealth Planning now owns 16,898 shares of the company’s stock valued at $347,000 after acquiring an additional 2,428 shares during the period. Finally, Captrust Financial Advisors bought a new stake in iShares iBonds Dec 2031 Term Treasury ETF in the fourth quarter valued at about $398,000.

iShares iBonds Dec 2031 Term Treasury ETF Stock Performance

Shares of IBTL opened at $20.06 on Tuesday. iShares iBonds Dec 2031 Term Treasury ETF has a 12 month low of $19.99 and a 12 month high of $20.81. The company has a 50-day moving average price of $20.12 and a two-hundred day moving average price of $20.35.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.0618 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

iShares iBonds Dec 2031 Term Treasury ETF 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.