iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Hits New 52-Week Low – Should You Sell?

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $22.43 and last traded at $22.43, with a volume of 20728 shares changing hands. The stock had previously closed at $22.48.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

The stock’s 50-day moving average is $22.60 and its 200-day moving average is $22.87.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a $0.0733 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

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

Large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC boosted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 360,156 shares of the company’s stock valued at $8,294,000 after purchasing an additional 17,906 shares during the period. Ameriprise Financial Inc. grew its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 1.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 219,888 shares of the company’s stock valued at $5,064,000 after acquiring an additional 2,262 shares during the period. Captrust Financial Advisors purchased a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF in the second quarter worth $672,000. Integrated Wealth Concepts LLC raised its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 3.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 22,407 shares of the company’s stock valued at $518,000 after buying an additional 780 shares during the period. Finally, United Capital Financial Advisors LLC lifted its stake in 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 worth $1,557,000 after acquiring an additional 20,985 shares during the period.

iShares iBonds Dec 2032 Term Treasury ETF Company Profile

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.