IFP Advisors Inc Cuts Holdings in iShares iBonds Dec 2031 Term Treasury ETF $IBTL

IFP Advisors Inc lowered its position in iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) by 72.3% during the third quarter, Holdings Channel.com reports. The fund owned 25,093 shares of the company’s stock after selling 65,390 shares during the quarter. IFP Advisors Inc’s holdings in iShares iBonds Dec 2031 Term Treasury ETF were worth $516,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. CNB Bank acquired a new stake in iShares iBonds Dec 2031 Term Treasury ETF during the third quarter worth about $136,000. Strategic Blueprint LLC acquired a new position in shares of iShares iBonds Dec 2031 Term Treasury ETF in the 3rd quarter valued at about $320,000. Montecito Bank & Trust acquired a new position in shares of iShares iBonds Dec 2031 Term Treasury ETF in the 3rd quarter valued at about $383,000. Leavell Investment Management Inc. grew its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 69.7% during the 3rd quarter. Leavell Investment Management Inc. now owns 21,495 shares of the company’s stock worth $442,000 after purchasing an additional 8,830 shares during the period. Finally, Integrated Wealth Concepts LLC grew its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 3.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 26,370 shares of the company’s stock worth $536,000 after purchasing an additional 822 shares during the period.

iShares iBonds Dec 2031 Term Treasury ETF Stock Performance

NASDAQ IBTL opened at $20.34 on Thursday. iShares iBonds Dec 2031 Term Treasury ETF has a one year low of $19.93 and a one year high of $20.81. The company’s 50 day moving average price is $20.53 and its 200 day moving average price is $20.58.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.0615 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.6%.

iShares iBonds Dec 2031 Term Treasury ETF Profile

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.