iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Share Price Pass Below 200 Day Moving Average – Here’s Why

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $22.83 and traded as low as $22.59. iShares iBonds Dec 2032 Term Treasury ETF shares last traded at $22.66, with a volume of 48,734 shares trading hands.

iShares iBonds Dec 2032 Term Treasury ETF Stock Performance

The stock’s 50-day moving average price is $22.90 and its two-hundred day moving average price is $22.83.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.0732 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date was Friday, November 1st.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares iBonds Dec 2032 Term Treasury ETF stock. Comerica Bank acquired a new stake in iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) during the first quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,335 shares of the company’s stock, valued at approximately $30,000.

About iShares iBonds Dec 2032 Term Treasury ETF

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.