iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Sets New 1-Year Low – Should You Sell?

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL)’s stock price hit a new 52-week low on Monday . The company traded as low as $19.99 and last traded at $20.00, with a volume of 55240 shares trading hands. The stock had previously closed at $20.06.

iShares iBonds Dec 2031 Term Treasury ETF Stock Down 0.3%

The company’s fifty day simple moving average is $20.14 and its two-hundred day simple moving average is $20.37.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a $0.0618 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Wednesday, July 1st.

Institutional Investors Weigh In On iShares iBonds Dec 2031 Term Treasury ETF

Several large investors have recently made changes to their positions in the stock. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF in the 4th quarter valued at about $38,000. McIlrath & Eck LLC acquired a new stake in iShares iBonds Dec 2031 Term Treasury ETF in the 1st quarter valued at approximately $52,000. Bogart Wealth LLC lifted its stake in iShares iBonds Dec 2031 Term Treasury ETF by 62.6% in the 4th quarter. Bogart Wealth LLC now owns 3,591 shares of the company’s stock valued at $74,000 after acquiring an additional 1,383 shares in the last quarter. Titleist Asset Management LLC acquired a new position in iShares iBonds Dec 2031 Term Treasury ETF during the 4th quarter worth approximately $304,000. Finally, Reliant Wealth Planning grew its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 16.8% during the 4th quarter. Reliant Wealth Planning now owns 16,898 shares of the company’s stock worth $347,000 after acquiring an additional 2,428 shares in the last quarter.

About iShares iBonds Dec 2031 Term Treasury ETF

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.