Atlantic Union Bankshares Corp Decreases Stake in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO)

Atlantic Union Bankshares Corp decreased its holdings in shares of iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) by 26.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 820,813 shares of the company’s stock after selling 291,845 shares during the quarter. iShares iBonds Dec 2033 Term Treasury ETF comprises about 1.2% of Atlantic Union Bankshares Corp’s portfolio, making the stock its 15th biggest holding. Atlantic Union Bankshares Corp owned approximately 9.27% of iShares iBonds Dec 2033 Term Treasury ETF worth $20,608,000 at the end of the most recent quarter.

iShares iBonds Dec 2033 Term Treasury ETF Stock Up 0.4 %

NASDAQ:IBTO opened at $24.23 on Friday. The stock has a 50 day moving average price of $24.40 and a 200 day moving average price of $24.42. iShares iBonds Dec 2033 Term Treasury ETF has a one year low of $23.35 and a one year high of $25.40.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.0837 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.00 annualized dividend and a dividend yield of 4.14%.

iShares iBonds Dec 2033 Term Treasury ETF 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.