iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) Trading Down 0.8% – What’s Next?

iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) shares fell 0.8% on Monday . The stock traded as low as $24.37 and last traded at $24.37. 33,183 shares were traded during trading, a decline of 27% from the average session volume of 45,309 shares. The stock had previously closed at $24.57.

iShares iBonds Dec 2033 Term Treasury ETF Stock Down 0.8 %

The stock’s fifty day moving average price is $24.96 and its 200-day moving average price is $24.33.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.0858 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Treasury ETF

A number of large investors have recently modified their holdings of IBTO. Atlantic Union Bankshares Corp grew its holdings in shares of iShares iBonds Dec 2033 Term Treasury ETF by 28.3% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 1,112,658 shares of the company’s stock valued at $26,701,000 after acquiring an additional 245,586 shares in the last quarter. American National Bank & Trust Co. VA bought a new position in iShares iBonds Dec 2033 Term Treasury ETF in the first quarter valued at approximately $1,183,000. Finally, Exchange Capital Management Inc. bought a new position in iShares iBonds Dec 2033 Term Treasury ETF in the first quarter valued at approximately $1,194,000.

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.