iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Trading Up 0.2% – Should You Buy?

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO)’s share price shot up 0.2% during mid-day trading on Wednesday . The stock traded as high as $24.65 and last traded at $24.63. 47,044 shares traded hands during trading, a decline of 20% from the average session volume of 58,605 shares. The stock had previously closed at $24.58.

iShares iBonds Dec 2033 Term Treasury ETF Stock Up 0.2%

The company’s 50 day moving average price is $24.66 and its 200 day moving average price is $24.58.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a dividend of $0.0855 per share. This is a positive change from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. CNB Bank bought a new stake in iShares iBonds Dec 2033 Term Treasury ETF during the 3rd quarter worth approximately $147,000. Headland Capital LLC raised its position in iShares iBonds Dec 2033 Term Treasury ETF by 4.4% in the 2nd quarter. Headland Capital LLC now owns 284,351 shares of the company’s stock valued at $6,969,000 after purchasing an additional 11,898 shares during the last quarter. United Capital Financial Advisors LLC boosted its stake in iShares iBonds Dec 2033 Term Treasury ETF by 43.5% in the third quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock worth $1,557,000 after purchasing an additional 19,157 shares in the last quarter. Thoroughbred Financial Services LLC grew its holdings in shares of iShares iBonds Dec 2033 Term Treasury ETF by 159.9% during the third quarter. Thoroughbred Financial Services LLC now owns 32,306 shares of the company’s stock worth $796,000 after purchasing an additional 19,876 shares during the last quarter. Finally, Ameriprise Financial Inc. acquired a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF in the third quarter valued at $2,554,000.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.