iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Sees Unusually-High Trading Volume – Here’s What Happened

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) saw an uptick in trading volume on Wednesday . Approximately 323,503 shares changed hands during mid-day trading, an increase of 151% from the previous session’s volume of 129,132 shares.The stock last traded at $22.23 and had previously closed at $22.25.

iShares iBonds Dec 2032 Term Treasury ETF Stock Down 0.1%

The stock has a fifty day moving average of $22.50 and a 200 day moving average of $22.74.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be paid a $0.0759 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. This is an increase from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend is Tuesday, September 1st.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. McIlrath & Eck LLC purchased a new position in iShares iBonds Dec 2032 Term Treasury ETF during the first quarter valued at approximately $73,000. Integrated Wealth Concepts LLC increased its stake in iShares iBonds Dec 2032 Term Treasury ETF by 3.6% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 22,407 shares of the company’s stock worth $518,000 after buying an additional 780 shares in the last quarter. Captrust Financial Advisors bought a new stake in iShares iBonds Dec 2032 Term Treasury ETF during the second quarter valued at about $672,000. Parallel Advisors LLC bought a new stake in iShares iBonds Dec 2032 Term Treasury ETF during the fourth quarter valued at about $1,524,000. Finally, United Capital Financial Advisors LLC lifted its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 45.3% in the third quarter. United Capital Financial Advisors LLC now owns 67,319 shares of the company’s stock valued at $1,557,000 after acquiring an additional 20,985 shares in 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.