Horizons Wealth Management Has $870,000 Stock Position in iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH)

Horizons Wealth Management raised its holdings in iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) by 293.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 39,212 shares of the company’s stock after acquiring an additional 29,236 shares during the quarter. iShares iBonds Dec 2027 Term Treasury ETF accounts for 0.7% of Horizons Wealth Management’s investment portfolio, making the stock its 27th biggest holding. Horizons Wealth Management’s holdings in iShares iBonds Dec 2027 Term Treasury ETF were worth $870,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of IBTH. Eastern Bank acquired a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 3rd quarter valued at $26,000. Janney Montgomery Scott LLC increased its stake in iShares iBonds Dec 2027 Term Treasury ETF by 1.2% in the third quarter. Janney Montgomery Scott LLC now owns 158,284 shares of the company’s stock valued at $3,583,000 after purchasing an additional 1,858 shares in the last quarter. Pinnacle Bancorp Inc. increased its stake in iShares iBonds Dec 2027 Term Treasury ETF by 78.6% in the third quarter. Pinnacle Bancorp Inc. now owns 17,760 shares of the company’s stock valued at $402,000 after purchasing an additional 7,814 shares in the last quarter. Heartland Bank & Trust Co acquired a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the third quarter valued at about $268,000. Finally, Cary Street Partners Asset Management LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF in the 3rd quarter valued at about $295,000.

iShares iBonds Dec 2027 Term Treasury ETF Stock Up 0.0 %

IBTH stock opened at $22.17 on Tuesday. iShares iBonds Dec 2027 Term Treasury ETF has a fifty-two week low of $21.79 and a fifty-two week high of $22.69. The stock’s 50 day simple moving average is $22.22 and its 200 day simple moving average is $22.33.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.0746 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares iBonds Dec 2027 Term Treasury ETF Profile

The iShares iBonds Dec 2027 Term Treasury ETF (IBTH) is an exchange-traded fund that is based on the ICE 2027 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2027. The fund will terminate in December 2027. IBTH was launched on Feb 25, 2020 and is managed by BlackRock.