Atlantic Union Bankshares Corp Has $26.70 Million Stock Holdings in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO)

Atlantic Union Bankshares Corp increased its holdings in shares of iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) by 28.3% during the second quarter, Holdings Channel reports. The fund owned 1,112,658 shares of the company’s stock after acquiring an additional 245,586 shares during the quarter. iShares iBonds Dec 2033 Term Treasury ETF comprises about 1.7% of Atlantic Union Bankshares Corp’s holdings, making the stock its 9th biggest holding. Atlantic Union Bankshares Corp owned about 0.13% of iShares iBonds Dec 2033 Term Treasury ETF worth $26,701,000 at the end of the most recent quarter.

Separately, American National Bank & Trust Co. VA acquired a new stake in iShares iBonds Dec 2033 Term Treasury ETF during the first quarter worth approximately $1,183,000.

iShares iBonds Dec 2033 Term Treasury ETF Trading Up 0.5 %

Shares of NASDAQ:IBTO traded up $0.12 during trading on Friday, reaching $25.05. 14,575 shares of the stock were exchanged, compared to its average volume of 50,794. iShares iBonds Dec 2033 Term Treasury ETF has a 12 month low of $22.81 and a 12 month high of $25.23. The stock has a 50-day moving average price of $24.42 and a 200-day moving average price of $24.11.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were paid a $0.088 dividend. The ex-dividend date was Thursday, August 1st. This is an increase from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.08. This represents a $1.06 annualized dividend and a yield of 4.22%.

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.