iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Sets New 52-Week Low – Here’s What Happened

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $19.66 and last traded at $19.6450, with a volume of 239858 shares traded. The stock had previously closed at $19.66.

iShares iBonds Dec 2031 Term Treasury ETF Trading Down 0.1%

The business has a 50-day moving average price of $19.98 and a 200-day moving average price of $20.19.

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 dividend of $0.0661 per share. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Tuesday, September 1st. This is a boost from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.07.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC raised its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 3.2% during 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 during the period. Ameriprise Financial Inc. raised its stake in iShares iBonds Dec 2031 Term Treasury ETF by 40.2% during 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 period. United Capital Financial Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 64.5% in the third 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. NewEdge Advisors LLC lifted its holdings in shares of 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 valued at $11,150,000 after purchasing an additional 536,139 shares in the last quarter. Finally, Thoroughbred Financial Services LLC boosted its position in shares of 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 buying an additional 41,354 shares during the period.

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.