iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Shares Up 0.4%

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) shares shot up 0.4% during trading on Tuesday . The stock traded as high as $23.67 and last traded at $23.67. 15,274 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 41,791 shares. The stock had previously closed at $23.57.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

The stock has a 50-day moving average price of $23.09 and a 200 day moving average price of $22.61.

iShares iBonds Dec 2032 Term Treasury ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.0722 per share. The ex-dividend date was Tuesday, September 3rd.

Institutional Trading of iShares iBonds Dec 2032 Term Treasury ETF

Institutional investors have recently modified their holdings of the stock. Confluence Investment Management LLC purchased a new stake in iShares iBonds Dec 2032 Term Treasury ETF during the 1st quarter worth approximately $9,773,000. Atlantic Private Wealth LLC raised its stake in iShares iBonds Dec 2032 Term Treasury ETF by 519.0% in the 4th quarter. Atlantic Private Wealth LLC now owns 23,498 shares of the company’s stock valued at $543,000 after purchasing an additional 19,702 shares during the last quarter. Finally, Comerica Bank purchased a new position in iShares iBonds Dec 2032 Term Treasury ETF in the 1st quarter valued at $30,000.

About iShares iBonds Dec 2032 Term Treasury ETF

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.