iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Trading 0.1% Higher – Here’s Why

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL)’s stock price were up 0.1% during trading on Monday . The company traded as high as $20.53 and last traded at $20.53. Approximately 146,024 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 254,782 shares. The stock had previously closed at $20.51.

iShares iBonds Dec 2031 Term Treasury ETF Stock Performance

The firm has a fifty day moving average price of $20.52 and a two-hundred day moving average price of $20.55.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.0635 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. This is a boost from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.06. The ex-dividend date was Monday, February 2nd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of IBTL. NewEdge Advisors LLC increased its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 9,036.6% during the 3rd quarter. NewEdge Advisors LLC now owns 542,072 shares of the company’s stock valued at $11,150,000 after purchasing an additional 536,139 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 40.2% in the third quarter. Ameriprise Financial Inc. now owns 495,443 shares of the company’s stock worth $10,174,000 after buying an additional 141,988 shares during the last quarter. Confluence Investment Management LLC grew its position in iShares iBonds Dec 2031 Term Treasury ETF by 58.1% during the fourth quarter. Confluence Investment Management LLC now owns 469,677 shares of the company’s stock valued at $9,640,000 after buying an additional 172,520 shares during the period. Headland Capital LLC increased its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 2.9% during the fourth quarter. Headland Capital LLC now owns 366,476 shares of the company’s stock valued at $7,522,000 after buying an additional 10,405 shares during the last quarter. Finally, United Capital Financial Advisors LLC increased its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 64.5% during the third quarter. United Capital Financial Advisors LLC now owns 224,705 shares of the company’s stock valued at $4,622,000 after buying an additional 88,097 shares during the last quarter.

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.