iShares iBonds Dec 2031 Term Treasury ETF $IBTL Stock Bought by Parallel Advisors LLC

Parallel Advisors LLC grew its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) by 155.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 549,996 shares of the company’s stock after acquiring an additional 334,843 shares during the period. Parallel Advisors LLC owned about 1.43% of iShares iBonds Dec 2031 Term Treasury ETF worth $10,708,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. McIlrath & Eck LLC acquired a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF in the 1st quarter worth approximately $52,000. Montecito Bank & Trust acquired a new position in iShares iBonds Dec 2031 Term Treasury ETF during the third quarter worth $784,000. Heartwood Wealth Advisors LLC acquired a new position in iShares iBonds Dec 2031 Term Treasury ETF during the third quarter worth $9,666,000. NewEdge Advisors LLC boosted its position in iShares iBonds Dec 2031 Term Treasury ETF by 5.0% during the first quarter. NewEdge Advisors LLC now owns 638,564 shares of the company’s stock worth $13,026,000 after purchasing an additional 30,220 shares in the last quarter. Finally, Confluence Investment Management LLC purchased a new stake in iShares iBonds Dec 2031 Term Treasury ETF during the third quarter worth $16,376,000.

iShares iBonds Dec 2031 Term Treasury ETF Stock Down 0.2%

iShares iBonds Dec 2031 Term Treasury ETF stock traded down $0.03 during trading hours on Friday, hitting $19.79. The stock had a trading volume of 211,023 shares, compared to its average volume of 255,238. iShares iBonds Dec 2031 Term Treasury ETF has a 1-year low of $19.37 and a 1-year high of $20.81. The stock’s fifty day moving average is $19.63 and its two-hundred day moving average is $20.11.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a dividend of $0.0702 per share. This is a boost from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.0656. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $0.84 annualized dividend 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.