iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Reaches New 1-Year Low – Time to Sell?

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM)’s share price reached a new 52-week low during trading on Wednesday. The stock traded as low as $21.90 and last traded at $21.89, with a volume of 18262 shares. The stock had previously closed at $22.01.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

The stock’s fifty day moving average is $22.32 and its two-hundred day moving average is $22.60.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.0759 dividend. The ex-dividend date was Tuesday, September 1st. This is an increase from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.0754. This represents a $0.91 annualized dividend and a dividend yield of 4.2%.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. McIlrath & Eck LLC bought a new position in iShares iBonds Dec 2032 Term Treasury ETF in the 1st quarter worth approximately $73,000. Parallel Advisors LLC acquired a new position in iShares iBonds Dec 2032 Term Treasury ETF during the 4th quarter worth $1,524,000. Boston Family Office LLC grew its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 4.2% in the fourth quarter. Boston Family Office LLC now owns 72,218 shares of the company’s stock worth $1,666,000 after purchasing an additional 2,893 shares in the last quarter. Atlantic Private Wealth LLC increased its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 10.9% during the fourth quarter. Atlantic Private Wealth LLC now owns 220,940 shares of the company’s stock valued at $5,098,000 after purchasing an additional 21,781 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF by 13.5% during the first quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock valued at $12,644,000 after purchasing an additional 65,447 shares during the period.

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.