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) shot up 0.1% during mid-day trading on Monday . The company traded as high as $20.53 and last traded at $20.53. 146,024 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 254,782 shares. The stock had previously closed at $20.51.

iShares iBonds Dec 2031 Term Treasury ETF Trading Up 0.1%

The firm’s fifty day simple moving average is $20.52 and its 200 day simple moving average is $20.55.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

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

Institutional Trading of iShares iBonds Dec 2031 Term Treasury ETF

A number of large investors have recently made changes to their positions in IBTL. NewEdge Advisors LLC raised 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 buying an additional 536,139 shares in the last quarter. Ameriprise Financial Inc. grew its position in 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 acquiring an additional 141,988 shares in the last quarter. Confluence Investment Management LLC increased its stake 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 worth $9,640,000 after acquiring an additional 172,520 shares during the last quarter. Headland Capital LLC raised its position 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 purchasing an additional 10,405 shares during the period. Finally, United Capital Financial Advisors LLC raised its position 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 purchasing an additional 88,097 shares during the period.

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.