iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Strong Trading Volume – Here’s What Happened

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) shares saw strong trading volume on Tuesday . 431,021 shares changed hands during trading, an increase of 35% from the previous session’s volume of 319,508 shares.The stock last traded at $22.27 and had previously closed at $22.28.

iShares iBonds Dec 2027 Term Treasury ETF Stock Up 0.0 %

The company has a fifty day moving average of $22.21 and a two-hundred day moving average of $22.34.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.0746 dividend. This represents a $0.90 annualized dividend and a dividend yield of 4.02%. The ex-dividend date was Wednesday, December 18th.

Hedge Funds Weigh In On iShares iBonds Dec 2027 Term Treasury ETF

Several hedge funds have recently added to or reduced their stakes in IBTH. Confluence Investment Management LLC boosted its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 4.6% during the 4th quarter. Confluence Investment Management LLC now owns 1,417,941 shares of the company’s stock worth $31,474,000 after buying an additional 61,970 shares during the period. Integrated Wealth Concepts LLC raised its position in iShares iBonds Dec 2027 Term Treasury ETF by 59.7% during the third quarter. Integrated Wealth Concepts LLC now owns 811,921 shares of the company’s stock valued at $18,378,000 after purchasing an additional 303,365 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 8.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 171,891 shares of the company’s stock worth $3,815,000 after buying an additional 13,607 shares during the last quarter. Strategic Blueprint LLC boosted its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 18.4% in the 4th quarter. Strategic Blueprint LLC now owns 121,400 shares of the company’s stock valued at $2,695,000 after purchasing an additional 18,829 shares in the last quarter. Finally, Leavell Investment Management Inc. lifted its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 18.5% in the 4th quarter. Leavell Investment Management Inc. now owns 109,151 shares of the company’s stock valued at $2,423,000 after acquiring an additional 17,043 shares during the last quarter.

iShares iBonds Dec 2027 Term Treasury ETF Company 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.