iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Hits New 52-Week Low – Time to Sell?

Shares of iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTMGet Free Report) 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. The stock had previously closed at $22.26.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

The stock’s 50 day simple moving average is $22.46 and its two-hundred day simple moving average is $22.71.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.0759 per share. 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. This is a positive change from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.08.

Institutional Trading of iShares iBonds Dec 2032 Term Treasury ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IBTM. McIlrath & Eck LLC bought a new position in iShares iBonds Dec 2032 Term Treasury ETF during the first quarter worth about $73,000. Integrated Wealth Concepts LLC grew its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 3.6% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 22,407 shares of the company’s stock valued at $518,000 after purchasing an additional 780 shares during the period. Captrust Financial Advisors acquired a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF in the 2nd quarter worth approximately $672,000. Parallel Advisors LLC acquired a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF in the 4th quarter worth approximately $1,524,000. Finally, United Capital Financial Advisors LLC lifted its position in shares of 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 buying an additional 20,985 shares during the period.

iShares iBonds Dec 2032 Term Treasury ETF Company Profile

(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.

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