iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Hits New 52-Week Low – Should You Sell?

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) reached a new 52-week low on Wednesday . The stock traded as low as $19.99 and last traded at $19.99, with a volume of 6809 shares traded. The stock had previously closed at $20.01.

iShares iBonds Dec 2031 Term Treasury ETF Stock Down 0.3%

The business has a 50 day simple moving average of $20.11 and a 200-day simple moving average of $20.34.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.0618 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

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

Institutional investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC raised its stake in iShares iBonds Dec 2031 Term Treasury ETF by 3.2% during the first quarter. Integrated Wealth Concepts LLC now owns 26,370 shares of the company’s stock worth $536,000 after purchasing an additional 822 shares during the period. Bogart Wealth LLC boosted its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 62.6% in the 4th quarter. Bogart Wealth LLC now owns 3,591 shares of the company’s stock valued at $74,000 after purchasing an additional 1,383 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF during the 4th quarter valued at $38,000. Reliant Wealth Planning increased its holdings 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 worth $347,000 after buying an additional 2,428 shares during the last quarter. Finally, McIlrath & Eck LLC acquired a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF during the 1st quarter worth $52,000.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

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.