334,843 iShares iBonds Dec 2031 Term Treasury ETF $IBTL Shares Bought by Parallel Advisors LLC

Parallel Advisors LLC grew its holdings in iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) by 155.6% during the 3rd quarter, Holdings Channel reports. The firm owned 549,996 shares of the company’s stock after buying an additional 334,843 shares during the period. Parallel Advisors LLC’s holdings in iShares iBonds Dec 2031 Term Treasury ETF were worth $10,708,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IBTL. McIlrath & Eck LLC purchased a new position in shares of iShares iBonds Dec 2031 Term Treasury ETF during the 1st quarter worth approximately $52,000. NewEdge Advisors LLC lifted its stake in iShares iBonds Dec 2031 Term Treasury ETF by 5.0% in the 1st quarter. NewEdge Advisors LLC now owns 638,564 shares of the company’s stock valued at $13,026,000 after buying an additional 30,220 shares in the last quarter. Montecito Bank & Trust acquired a new stake in iShares iBonds Dec 2031 Term Treasury ETF during the 3rd quarter valued at $784,000. Heartwood Wealth Advisors LLC acquired a new stake in iShares iBonds Dec 2031 Term Treasury ETF during the 3rd quarter valued at $9,666,000. Finally, Confluence Investment Management LLC acquired a new stake in iShares iBonds Dec 2031 Term Treasury ETF during the 3rd quarter valued at $16,376,000.

iShares iBonds Dec 2031 Term Treasury ETF Stock Performance

iShares iBonds Dec 2031 Term Treasury ETF stock traded down $0.03 during mid-day trading on Friday, hitting $19.79. 211,023 shares of the company were exchanged, compared to its average volume of 255,238. iShares iBonds Dec 2031 Term Treasury ETF has a 12-month low of $19.37 and a 12-month high of $20.81. The business’s 50 day simple moving average is $19.63 and its two-hundred day simple moving average is $20.11.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were paid a dividend of $0.0702 per share. The ex-dividend date of this dividend was Monday, November 2nd. This is an increase from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.0656. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.3%.

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.