iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Sees Large Volume Increase – What’s Next?

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) saw strong trading volume on Thursday . 267,433 shares traded hands during mid-day trading, an increase of 96% from the previous session’s volume of 136,538 shares.The stock last traded at $22.76 and had previously closed at $22.88.

iShares iBonds Dec 2032 Term Treasury ETF Trading Down 0.7%

The business’s fifty day moving average is $23.09 and its 200 day moving average is $23.15.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.069 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Monday, March 2nd.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Integrated Wealth Concepts LLC raised its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 3.6% during the third quarter. Integrated Wealth Concepts LLC now owns 22,407 shares of the company’s stock worth $518,000 after purchasing an additional 780 shares during the last quarter. Crews Bank & Trust purchased a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF in the fourth quarter valued at $25,000. AllSquare Wealth Management LLC increased its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 8.8% in the second quarter. AllSquare Wealth Management LLC now owns 14,459 shares of the company’s stock valued at $333,000 after buying an additional 1,174 shares in the last quarter. Bogart Wealth LLC acquired a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF during the 4th quarter worth $41,000. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 1.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 219,888 shares of the company’s stock worth $5,064,000 after buying an additional 2,262 shares in the last quarter.

iShares iBonds Dec 2032 Term Treasury ETF Company Profile

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.