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 during mid-day trading on Monday . The stock traded as low as $22.36 and last traded at $22.36, with a volume of 16421 shares traded. The stock had previously closed at $22.39.

iShares iBonds Dec 2032 Term Treasury ETF Trading Down 0.1%

The business has a fifty day moving average price of $22.52 and a 200 day moving average price of $22.75.

iShares iBonds Dec 2032 Term Treasury ETF Announces Dividend

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

Hedge Funds Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

Hedge funds have recently modified their holdings of the company. Atlantic Private Wealth LLC grew its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 25.3% in the 2nd quarter. Atlantic Private Wealth LLC now owns 293,989 shares of the company’s stock worth $6,672,000 after purchasing an additional 59,363 shares during the last quarter. Parallel Advisors LLC boosted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 146.6% during the first quarter. Parallel Advisors LLC now owns 162,870 shares of the company’s stock worth $3,735,000 after buying an additional 96,836 shares in the last quarter. McIlrath & Eck LLC acquired a new position in iShares iBonds Dec 2032 Term Treasury ETF in the first quarter worth approximately $73,000. Janney Montgomery Scott LLC increased its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 13.5% in the first quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock valued at $12,644,000 after buying an additional 65,447 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 5.0% in the 4th quarter. NewEdge Advisors LLC now owns 172,182 shares of the company’s stock worth $3,973,000 after acquiring an additional 8,191 shares during the last quarter.

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.