iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) Stock Price Down 0.1%

iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE – Get Rating)’s share price were down 0.1% on Wednesday . The company traded as low as $23.85 and last traded at $23.85. Approximately 503,903 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 663,375 shares. The stock had previously closed at $23.88.

iShares iBonds Dec 2024 Term Treasury ETF Stock Performance

The business’s fifty day moving average price is $23.92 and its 200 day moving average price is $23.90.

iShares iBonds Dec 2024 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 5th. Stockholders of record on Tuesday, May 2nd were issued a dividend of $0.08 per share. The ex-dividend date was Monday, May 1st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.03%.

Hedge Funds Weigh In On iShares iBonds Dec 2024 Term Treasury ETF

Hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC bought a new stake in iShares iBonds Dec 2024 Term Treasury ETF in the first quarter valued at $405,000. Flow Traders U.S. LLC bought a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF during the first quarter worth about $369,000. Atlantic Private Wealth LLC bought a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF during the third quarter worth about $492,000. Boston Family Office LLC bought a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF during the third quarter worth about $1,650,000. Finally, Strategic Blueprint LLC increased its position in shares of iShares iBonds Dec 2024 Term Treasury ETF by 98.2% during the third quarter. Strategic Blueprint LLC now owns 23,503 shares of the company’s stock worth $563,000 after acquiring an additional 11,645 shares in the last quarter.

iShares iBonds Dec 2024 Term Treasury ETF Company Profile

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The iShares iBonds Dec 2024 Term Treasury ETF (IBTE) is an exchange-traded fund that is based on the ICE 2024 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2024. The fund will terminate in December 2024. IBTE was launched on Feb 25, 2020 and is managed by BlackRock.