iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Large Volume Increase

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) shares saw strong trading volume on Tuesday . 276,253 shares changed hands during trading, an increase of 62% from the previous session’s volume of 170,785 shares.The stock last traded at $21.86 and had previously closed at $21.89.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

The stock has a 50-day moving average price of $22.04 and a 200-day moving average price of $22.09.

iShares iBonds Dec 2027 Term Treasury ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.0756 dividend. This represents a $0.91 annualized dividend and a yield of 4.15%. The ex-dividend date was Monday, April 1st.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cambridge Investment Research Advisors Inc. raised its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 6.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 69,795 shares of the company’s stock worth $1,547,000 after purchasing an additional 4,222 shares during the period. Leavell Investment Management Inc. boosted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 24.6% during the 1st quarter. Leavell Investment Management Inc. now owns 29,830 shares of the company’s stock valued at $661,000 after purchasing an additional 5,898 shares in the last quarter. WASHINGTON TRUST Co bought a new position in iShares iBonds Dec 2027 Term Treasury ETF during the 1st quarter valued at $398,000. Strategic Blueprint LLC boosted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 72.1% during the 1st quarter. Strategic Blueprint LLC now owns 24,184 shares of the company’s stock valued at $536,000 after purchasing an additional 10,131 shares in the last quarter. Finally, Pinnacle Bancorp Inc. bought a new position in iShares iBonds Dec 2027 Term Treasury ETF during the 1st quarter valued at $220,000.

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.