Atlantic Union Bankshares Corp Trims Stock Position in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO)

Atlantic Union Bankshares Corp lessened its holdings in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) by 13.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 711,093 shares of the company’s stock after selling 109,720 shares during the period. iShares iBonds Dec 2033 Term Treasury ETF accounts for approximately 1.0% of Atlantic Union Bankshares Corp’s portfolio, making the stock its 20th largest holding. Atlantic Union Bankshares Corp owned approximately 5.78% of iShares iBonds Dec 2033 Term Treasury ETF worth $16,803,000 as of its most recent SEC filing.

Separately, Noble Wealth Management PBC purchased a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF during the fourth quarter valued at approximately $47,000.

iShares iBonds Dec 2033 Term Treasury ETF Price Performance

Shares of IBTO opened at $24.14 on Friday. iShares iBonds Dec 2033 Term Treasury ETF has a 1 year low of $23.29 and a 1 year high of $25.40. The company’s 50 day simple moving average is $23.79 and its 200 day simple moving average is $24.25.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.0777 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.