iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Trading Up 0% – Should You Buy?

Shares of iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) rose 0% during trading on Tuesday . The company traded as high as $23.11 and last traded at $23.09. Approximately 128,471 shares changed hands during mid-day trading, an increase of 16% from the average daily volume of 111,034 shares. The stock had previously closed at $23.08.

iShares iBonds Dec 2032 Term Treasury ETF Trading Up 0.0%

The business’s 50-day moving average is $23.15 and its two-hundred day moving average is $23.08.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.076 dividend. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 3.9%.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Treasury ETF

Several hedge funds have recently modified their holdings of IBTM. Integrated Wealth Concepts LLC lifted its position 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 worth $518,000 after acquiring an additional 780 shares in the last quarter. AllSquare Wealth Management LLC raised its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 8.8% during the second quarter. AllSquare Wealth Management LLC now owns 14,459 shares of the company’s stock valued at $333,000 after purchasing an additional 1,174 shares during the period. Ameriprise Financial Inc. lifted its position in shares of iShares iBonds Dec 2032 Term Treasury ETF by 1.0% during the second quarter. Ameriprise Financial Inc. now owns 219,888 shares of the company’s stock worth $5,064,000 after purchasing an additional 2,262 shares in the last quarter. CNB Bank acquired a new position in shares of iShares iBonds Dec 2032 Term Treasury ETF during the third quarter worth $73,000. Finally, Boston Family Office LLC boosted its stake in shares of iShares iBonds Dec 2032 Term Treasury ETF by 6.7% in the second quarter. Boston Family Office LLC now owns 68,497 shares of the company’s stock valued at $1,577,000 after purchasing an additional 4,304 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.