Ameriprise Financial Inc. Grows Stock Position in iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL)

Ameriprise Financial Inc. increased its holdings in iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) by 96.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 517,042 shares of the company’s stock after buying an additional 254,145 shares during the quarter. Ameriprise Financial Inc. owned 3.62% of iShares iBonds Dec 2031 Term Treasury ETF worth $10,238,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Atlantic Private Wealth LLC boosted its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 24.5% during the 4th quarter. Atlantic Private Wealth LLC now owns 52,932 shares of the company’s stock worth $1,048,000 after acquiring an additional 10,422 shares during the last quarter. Boston Family Office LLC raised its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 3.7% in the 4th quarter. Boston Family Office LLC now owns 72,213 shares of the company’s stock worth $1,430,000 after purchasing an additional 2,548 shares during the period. Bogart Wealth LLC purchased a new position in iShares iBonds Dec 2031 Term Treasury ETF during the fourth quarter valued at $44,000. Finally, Integrated Wealth Concepts LLC grew its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 23.5% during the fourth quarter. Integrated Wealth Concepts LLC now owns 25,548 shares of the company’s stock valued at $506,000 after purchasing an additional 4,856 shares during the period.

iShares iBonds Dec 2031 Term Treasury ETF Stock Performance

Shares of IBTL opened at $20.15 on Tuesday. The business has a 50-day simple moving average of $20.25 and a two-hundred day simple moving average of $20.05. iShares iBonds Dec 2031 Term Treasury ETF has a 52 week low of $19.54 and a 52 week high of $20.99.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were paid a dividend of $0.0684 per share. This represents a $0.82 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date of this dividend was Thursday, May 1st.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

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.