iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Sets New 12-Month Low – What’s Next?

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as $22.43 and last traded at $22.43, with a volume of 20728 shares changing hands. The stock had previously closed at $22.48.

iShares iBonds Dec 2032 Term Treasury ETF Stock Down 0.1%

The stock has a fifty day simple moving average of $22.59 and a 200-day simple moving average of $22.86.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a $0.0733 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Ameriprise Financial Inc. grew its position in iShares iBonds Dec 2032 Term Treasury ETF by 64.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 361,010 shares of the company’s stock worth $8,332,000 after purchasing an additional 141,122 shares during the last quarter. Parallel Advisors LLC raised its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 146.6% during the first quarter. Parallel Advisors LLC now owns 162,870 shares of the company’s stock valued at $3,735,000 after buying an additional 96,836 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 13.5% during the first quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock valued at $12,644,000 after buying an additional 65,447 shares during the last quarter. Captrust Financial Advisors bought a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF in the second quarter valued at about $672,000. Finally, Atlantic Private Wealth LLC lifted its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 10.9% in the fourth quarter. Atlantic Private Wealth LLC now owns 220,940 shares of the company’s stock valued at $5,098,000 after buying an additional 21,781 shares during the period.

iShares iBonds Dec 2032 Term Treasury ETF Company Profile

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.