iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) Hits New 12-Month High – Should You Buy?

iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) shares reached a new 52-week high on Friday . The company traded as high as $20.79 and last traded at $20.7850, with a volume of 43023 shares traded. The stock had previously closed at $20.74.

iShares iBonds Dec 2031 Term Treasury ETF Stock Up 0.3%

The stock has a fifty day moving average price of $20.55 and a two-hundred day moving average price of $20.58.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 12.2% during the 4th quarter. NewEdge Advisors LLC now owns 608,344 shares of the company’s stock worth $12,486,000 after acquiring an additional 66,272 shares during the period. Captrust Financial Advisors purchased a new stake in iShares iBonds Dec 2031 Term Treasury ETF during the fourth quarter valued at about $398,000. Boston Family Office LLC lifted its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 10.8% during the fourth quarter. Boston Family Office LLC now owns 105,256 shares of the company’s stock valued at $2,160,000 after purchasing an additional 10,227 shares during the last quarter. Reliant Wealth Planning lifted its holdings in iShares iBonds Dec 2031 Term Treasury ETF by 16.8% during the fourth quarter. Reliant Wealth Planning now owns 16,898 shares of the company’s stock valued at $347,000 after purchasing an additional 2,428 shares during the last quarter. Finally, Titleist Asset Management LLC bought a new position in iShares iBonds Dec 2031 Term Treasury ETF during the fourth quarter worth about $304,000.

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.