iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Hits New 12-Month Low – Time to Sell?

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL – Get Free Report)’s stock price reached a new 52-week low on Tuesday. The company traded as low as $19.42 and last traded at $19.4350, with a volume of 81217 shares traded. The stock had previously closed at $19.47.

iShares iBonds Dec 2031 Term Treasury ETF Stock Down 0.1%

The stock’s fifty day moving average price is $19.85 and its 200-day moving average price is $20.09.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 6th. Investors of record on Thursday, October 1st will be paid a $0.0656 dividend. This represents a $0.79 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Thursday, October 1st. This is a decrease from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.0661.

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

Several institutional investors and hedge funds have recently made changes to their positions in IBTL. NewEdge Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 6.0% in the second quarter. NewEdge Advisors LLC now owns 676,777 shares of the company’s stock valued at $13,664,000 after purchasing an additional 38,213 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 17.8% in the first quarter. Parallel Advisors LLC now owns 200,701 shares of the company’s stock valued at $4,094,000 after acquiring an additional 30,319 shares in the last quarter. Janney Montgomery Scott LLC increased its position in iShares iBonds Dec 2031 Term Treasury ETF by 67.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 149,914 shares of the company’s stock worth $3,058,000 after purchasing an additional 60,597 shares in the last quarter. Boston Family Office LLC lifted its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 10.8% in the 4th quarter. Boston Family Office LLC now owns 105,256 shares of the company’s stock valued at $2,160,000 after purchasing an additional 10,227 shares in the last quarter. Finally, Montecito Bank & Trust grew its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 14.0% during the first quarter. Montecito Bank & Trust now owns 29,601 shares of the company’s stock worth $604,000 after buying an additional 3,631 shares in the last quarter.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

(Get Free Report)

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.

Further Reading

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