iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Shares Bought by Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp boosted its stake in shares of iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) by 22.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 867,072 shares of the company’s stock after buying an additional 159,816 shares during the period. iShares iBonds Dec 2033 Term Treasury ETF comprises 1.8% of Atlantic Union Bankshares Corp’s investment portfolio, making the stock its 10th largest holding. Atlantic Union Bankshares Corp owned about 12.48% of iShares iBonds Dec 2033 Term Treasury ETF worth $21,061,000 as of its most recent filing with the Securities and Exchange Commission.

iShares iBonds Dec 2033 Term Treasury ETF Price Performance

Shares of IBTO traded down $0.13 during trading hours on Friday, reaching $24.00. The company’s stock had a trading volume of 79,004 shares, compared to its average volume of 54,298. iShares iBonds Dec 2033 Term Treasury ETF has a 1-year low of $22.81 and a 1-year high of $25.11. The company has a 50 day moving average of $23.84 and a two-hundred day moving average of $24.15.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a $0.0862 dividend. The ex-dividend date was Monday, June 3rd. This represents a $1.03 annualized dividend and a dividend yield of 4.31%.

About iShares iBonds Dec 2033 Term Treasury ETF

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.