GLOBALT Investments LLC GA Invests $58.39 Million in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO)

GLOBALT Investments LLC GA acquired a new stake in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 2,470,895 shares of the company’s stock, valued at approximately $58,387,000. iShares iBonds Dec 2033 Term Treasury ETF comprises about 2.2% of GLOBALT Investments LLC GA’s portfolio, making the stock its 11th largest position. GLOBALT Investments LLC GA owned 0.20% of iShares iBonds Dec 2033 Term Treasury ETF at the end of the most recent reporting period.

Separately, Noble Wealth Management PBC purchased a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF during the fourth quarter worth about $47,000.

iShares iBonds Dec 2033 Term Treasury ETF Price Performance

NASDAQ:IBTO opened at $24.16 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 firm has a 50 day simple moving average of $23.85 and a 200-day simple moving average of $24.21.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

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

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.