iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Hits New 1-Year Low – What’s Next?

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) reached a new 52-week low during trading on Tuesday . The company traded as low as $20.03 and last traded at $20.04, with a volume of 1797 shares changing hands. The stock had previously closed at $20.08.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

The firm’s 50-day moving average price is $20.35 and its two-hundred day moving average price is $20.50.

iShares iBonds Dec 2031 Term Treasury ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a $0.0659 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Friday, May 1st.

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

A number of institutional investors have recently added to or reduced their stakes in IBTL. NewEdge Advisors LLC raised its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 9,036.6% in the third quarter. NewEdge Advisors LLC now owns 542,072 shares of the company’s stock worth $11,150,000 after purchasing an additional 536,139 shares in the last quarter. Confluence Investment Management LLC boosted its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 58.1% in the 4th quarter. Confluence Investment Management LLC now owns 469,677 shares of the company’s stock valued at $9,640,000 after buying an additional 172,520 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 40.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 495,443 shares of the company’s stock valued at $10,174,000 after buying an additional 141,988 shares in the last quarter. United Capital Financial Advisors LLC grew its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 64.5% in the 3rd quarter. United Capital Financial Advisors LLC now owns 224,705 shares of the company’s stock worth $4,622,000 after buying an additional 88,097 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew 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 buying an additional 60,597 shares during the last quarter.

About iShares iBonds Dec 2031 Term Treasury ETF

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.