iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Reaches New 12-Month Low – Here’s Why

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM)’s stock price reached a new 52-week low on Monday . The company traded as low as $22.36 and last traded at $22.36, with a volume of 16421 shares trading hands. The stock had previously closed at $22.39.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

The stock has a 50 day moving average of $22.52 and a two-hundred day moving average of $22.75.

iShares iBonds Dec 2032 Term Treasury ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a $0.0754 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

Several hedge funds have recently made changes to their positions in the company. McIlrath & Eck LLC purchased a new position in iShares iBonds Dec 2032 Term Treasury ETF during the 1st quarter worth approximately $73,000. Integrated Wealth Concepts LLC boosted its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 3.6% in the third quarter. Integrated Wealth Concepts LLC now owns 22,407 shares of the company’s stock worth $518,000 after buying an additional 780 shares during the period. Captrust Financial Advisors purchased a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF during the second quarter valued at $672,000. Parallel Advisors LLC acquired a new position in iShares iBonds Dec 2032 Term Treasury ETF during the fourth quarter valued at $1,524,000. Finally, United Capital Financial Advisors LLC raised its position in iShares iBonds Dec 2032 Term Treasury ETF by 45.3% during the third quarter. United Capital Financial Advisors LLC now owns 67,319 shares of the company’s stock valued at $1,557,000 after buying an additional 20,985 shares during the period.

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.