Montecito Bank & Trust Buys 40,261 Shares of iShares iBonds Dec 2031 Term Treasury ETF $IBTL

Montecito Bank & Trust purchased a new position in shares of iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 40,261 shares of the company’s stock, valued at approximately $784,000. Montecito Bank & Trust owned 0.11% of iShares iBonds Dec 2031 Term Treasury ETF as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Confluence Investment Management LLC purchased a new position in iShares iBonds Dec 2031 Term Treasury ETF during the third quarter worth about $16,376,000. NewEdge Advisors LLC boosted its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 6.0% in the 2nd quarter. NewEdge Advisors LLC now owns 676,777 shares of the company’s stock valued at $13,664,000 after purchasing an additional 38,213 shares in the last quarter. Parallel Advisors LLC boosted its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 17.8% in the 1st quarter. Parallel Advisors LLC now owns 200,701 shares of the company’s stock valued at $4,094,000 after purchasing an additional 30,319 shares in the last quarter. McIlrath & Eck LLC acquired a new position in iShares iBonds Dec 2031 Term Treasury ETF during the 1st quarter worth approximately $52,000. Finally, Janney Montgomery Scott LLC increased its position in iShares iBonds Dec 2031 Term Treasury ETF by 67.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 149,914 shares of the company’s stock worth $3,058,000 after purchasing an additional 60,597 shares during the period.

iShares iBonds Dec 2031 Term Treasury ETF Stock Performance

Shares of IBTL stock traded down $0.02 during trading hours on Thursday, reaching $19.45. 337,769 shares of the company’s stock were exchanged, compared to its average volume of 222,417. The company’s 50 day moving average is $19.85 and its two-hundred day moving average is $20.09. iShares iBonds Dec 2031 Term Treasury ETF has a 1 year low of $19.37 and a 1 year high of $20.81.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, October 6th. Investors of record on Thursday, October 1st will be issued a dividend of $0.0656 per share. This is a drop from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.0661. This represents a $0.79 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Thursday, October 1st.

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.