iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) Stock Cross Above 50-Day Moving Average – Should You Sell?

iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $22.74 and traded as high as $22.79. iShares iBonds Dec 2032 Term Treasury ETF shares last traded at $22.74, with a volume of 64,025 shares trading hands.

iShares iBonds Dec 2032 Term Treasury ETF Stock Down 0.3 %

The stock’s fifty day simple moving average is $22.71 and its 200-day simple moving average is $22.86.

iShares iBonds Dec 2032 Term Treasury ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were issued a dividend of $0.0725 per share. This is an increase from iShares iBonds Dec 2032 Term Treasury ETF’s previous dividend of $0.07. The ex-dividend date was Monday, December 2nd.

Institutional Trading of iShares iBonds Dec 2032 Term Treasury ETF

A hedge fund recently bought a new stake in iShares iBonds Dec 2032 Term Treasury ETF stock. Comerica Bank bought a new position in iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 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.