iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Hits New 52-Week Low – What’s Next?

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as $22.22 and last traded at $22.25, with a volume of 98851 shares traded. The stock had previously closed at $22.26.

iShares iBonds Dec 2032 Term Treasury ETF Trading Down 0.6%

The stock has a fifty day moving average of $22.45 and a two-hundred day moving average of $22.70.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

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

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Atlantic Private Wealth LLC boosted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 25.3% in the second quarter. Atlantic Private Wealth LLC now owns 293,989 shares of the company’s stock valued at $6,672,000 after acquiring an additional 59,363 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 146.6% in the 1st quarter. Parallel Advisors LLC now owns 162,870 shares of the company’s stock valued at $3,735,000 after purchasing an additional 96,836 shares during the last quarter. McIlrath & Eck LLC acquired a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF during the 1st quarter worth approximately $73,000. Janney Montgomery Scott LLC raised its stake 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 worth $12,644,000 after buying an additional 65,447 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 5.0% in the fourth quarter. NewEdge Advisors LLC now owns 172,182 shares of the company’s stock valued at $3,973,000 after buying an additional 8,191 shares during the period.

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.