iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Hits New 52-Week Low – Here’s What Happened

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) shares hit a new 52-week low during trading on Monday . The stock traded as low as $22.01 and last traded at $22.0010, with a volume of 156509 shares traded. The stock had previously closed at $22.02.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

The stock has a 50-day moving average of $22.43 and a 200-day moving average of $22.68.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IBTM. McIlrath & Eck LLC bought a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF in the first quarter worth about $73,000. Integrated Wealth Concepts LLC grew its holdings in shares of 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 purchasing an additional 780 shares during the last quarter. Captrust Financial Advisors acquired a new position in iShares iBonds Dec 2032 Term Treasury ETF during the 2nd quarter worth approximately $672,000. Parallel Advisors LLC bought a new position in iShares iBonds Dec 2032 Term Treasury ETF in the 4th quarter valued at approximately $1,524,000. Finally, United Capital Financial Advisors LLC boosted its position 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 valued at $1,557,000 after buying an additional 20,985 shares in the last quarter.

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.