iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Sees Unusually-High Trading Volume – Still a Buy?

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTLGet Free Report) saw unusually-high trading volume on Wednesday . Approximately 572,595 shares were traded during trading, an increase of 194% from the previous session’s volume of 194,501 shares.The stock last traded at $19.83 and had previously closed at $19.83.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

The firm’s 50-day simple moving average is $20.03 and its 200 day simple moving average is $20.22.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.0661 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Tuesday, September 1st. This is an increase from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.07.

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

A number of hedge funds have recently modified their holdings of the stock. McIlrath & Eck LLC bought a new position in iShares iBonds Dec 2031 Term Treasury ETF during the first quarter valued at $52,000. Titleist Asset Management LLC bought a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF in the fourth quarter valued at $304,000. Reliant Wealth Planning lifted its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 16.8% during the 4th quarter. Reliant Wealth Planning now owns 16,898 shares of the company’s stock valued at $347,000 after buying an additional 2,428 shares during the last quarter. Captrust Financial Advisors purchased a new position in shares of iShares iBonds Dec 2031 Term Treasury ETF during the 4th quarter valued at $398,000. Finally, Integrated Wealth Concepts LLC grew its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 3.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 26,370 shares of the company’s stock worth $536,000 after acquiring an additional 822 shares during the period.

About iShares iBonds Dec 2031 Term Treasury ETF

(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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