iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Reaches New 1-Year Low – Here’s What Happened

Shares of iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) reached a new 52-week low during trading on Monday . The stock traded as low as $22.36 and last traded at $22.36, with a volume of 16421 shares changing hands. The stock had previously closed at $22.39.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

The stock’s 50 day moving average price is $22.50 and its two-hundred day moving average price is $22.74.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.0759 per share. This is a boost from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.08. The ex-dividend date is Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

Hedge Funds Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

Hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC raised its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 5.2% in the second quarter. NewEdge Advisors LLC now owns 360,156 shares of the company’s stock worth $8,294,000 after acquiring an additional 17,906 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 1.0% during the second quarter. Ameriprise Financial Inc. now owns 219,888 shares of the company’s stock valued at $5,064,000 after acquiring an additional 2,262 shares during the last quarter. Captrust Financial Advisors acquired a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF during the second quarter valued at $672,000. Integrated Wealth Concepts LLC increased its position in iShares iBonds Dec 2032 Term Treasury ETF by 3.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 22,407 shares of the company’s stock worth $518,000 after purchasing an additional 780 shares in the last quarter. Finally, United Capital Financial Advisors LLC increased its position in iShares iBonds Dec 2032 Term Treasury ETF by 45.3% during the 3rd quarter. United Capital Financial Advisors LLC now owns 67,319 shares of the company’s stock worth $1,557,000 after purchasing an additional 20,985 shares in the last quarter.

About iShares iBonds Dec 2032 Term Treasury ETF

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.