iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM – Get Free Report) passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $22.02 and traded as high as $22.10. iShares iBonds Dec 2032 Term Treasury ETF shares last traded at $22.08, with a volume of 359,806 shares traded.
iShares iBonds Dec 2032 Term Treasury ETF Stock Performance
The company’s 50-day moving average price is $22.02 and its 200 day moving average price is $22.61.
iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend
The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.07 per share. This is a drop from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.0759. This represents a $0.84 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Thursday, October 1st.
Hedge Funds Weigh In On iShares iBonds Dec 2032 Term Treasury ETF
Several large investors have recently made changes to their positions in the business. Confluence Investment Management LLC bought a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF in the third quarter worth about $15,281,000. Janney Montgomery Scott LLC lifted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 13.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock worth $12,644,000 after purchasing an additional 65,447 shares in the last quarter. Atlantic Private Wealth LLC boosted its stake in iShares iBonds Dec 2032 Term Treasury ETF by 25.3% in the 2nd quarter. Atlantic Private Wealth LLC now owns 293,989 shares of the company’s stock worth $6,672,000 after purchasing an additional 59,363 shares during the period. Parallel Advisors LLC boosted its stake in 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 worth $3,735,000 after purchasing an additional 96,836 shares during the period. Finally, McIlrath & Eck LLC purchased a new stake in iShares iBonds Dec 2032 Term Treasury ETF during the 1st quarter valued at approximately $73,000.
iShares iBonds Dec 2032 Term Treasury ETF Company Profile
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
- Five stocks we like better than iShares iBonds Dec 2032 Term Treasury ETF
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for iShares iBonds Dec 2032 Term Treasury ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBonds Dec 2032 Term Treasury ETF and related companies with MarketBeat.com's FREE daily email newsletter.
