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

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTMGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $22.43 and last traded at $22.44, with a volume of 38960 shares trading hands. The stock had previously closed at $22.54.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

The business’s fifty day moving average price is $22.88 and its 200-day moving average price is $23.05.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a dividend of $0.0737 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 3.9%.

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 business. Atlantic Private Wealth LLC increased its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 6.2% during the 1st quarter. Atlantic Private Wealth LLC now owns 234,626 shares of the company’s stock valued at $5,380,000 after purchasing an additional 13,686 shares during the last quarter. Parallel Advisors LLC increased its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 146.6% during 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. Janney Montgomery Scott LLC increased its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 13.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock valued at $12,644,000 after purchasing an additional 65,447 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 5.0% during the 4th quarter. NewEdge Advisors LLC now owns 172,182 shares of the company’s stock valued at $3,973,000 after purchasing an additional 8,191 shares during the last quarter. Finally, Boston Family Office LLC increased its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 4.2% during the 4th quarter. Boston Family Office LLC now owns 72,218 shares of the company’s stock valued at $1,666,000 after purchasing an additional 2,893 shares during the last quarter.

About iShares iBonds Dec 2032 Term Treasury ETF

(Get Free Report)

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.

Further Reading

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