iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Stock Price Up 0.2% – What’s Next?

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) shares shot up 0.2% during mid-day trading on Thursday . The stock traded as high as $20.16 and last traded at $20.13. Approximately 82,946 shares changed hands during trading, a decline of 50% from the average session volume of 164,838 shares. The stock had previously closed at $20.08.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

The company’s 50-day moving average price is $20.22 and its 200-day moving average price is $20.41.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.0685 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis 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.

Hedge Funds Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

A number of hedge funds have recently made changes to their positions in IBTL. Integrated Wealth Concepts LLC lifted its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 3.2% in the first quarter. Integrated Wealth Concepts LLC now owns 26,370 shares of the company’s stock valued at $536,000 after acquiring an additional 822 shares in the last quarter. Thoroughbred Financial Services LLC increased its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 63.1% during the third quarter. Thoroughbred Financial Services LLC now owns 146,164 shares of the company’s stock worth $3,006,000 after purchasing an additional 56,537 shares in the last quarter. Parallel Advisors LLC raised its stake in iShares iBonds Dec 2031 Term Treasury ETF by 9.1% in the 3rd quarter. Parallel Advisors LLC now owns 147,237 shares of the company’s stock valued at $3,029,000 after purchasing an additional 12,241 shares during the last quarter. Ameriprise Financial Inc. raised its stake in 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 purchasing an additional 141,988 shares during the last quarter. Finally, United Capital Financial Advisors LLC lifted its holdings in 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 valued at $4,622,000 after purchasing an additional 88,097 shares in 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.