95,145 Shares of iShares iBonds Dec 2027 Term Treasury ETF $IBTH Acquired by Montecito Bank & Trust

Montecito Bank & Trust acquired a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) during the third quarter, HoldingsChannel reports. The fund acquired 95,145 shares of the company’s stock, valued at approximately $2,124,000.

A number of other hedge funds also recently made changes to their positions in IBTH. NBH Bank purchased a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the 2nd quarter worth approximately $61,000. Compass Financial Management LLC bought a new stake in iShares iBonds Dec 2027 Term Treasury ETF during the 2nd quarter worth approximately $48,000. Reliant Wealth Planning lifted its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 0.7% during the first quarter. Reliant Wealth Planning now owns 66,696 shares of the company’s stock valued at $1,496,000 after purchasing an additional 489 shares in the last quarter. Atlantic Private Wealth LLC lifted its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 6.9% during the first quarter. Atlantic Private Wealth LLC now owns 209,413 shares of the company’s stock valued at $4,697,000 after purchasing an additional 13,608 shares in the last quarter. Finally, Basepoint Wealth LLC bought a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF in the first quarter worth approximately $400,000.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

Shares of IBTH traded down $0.05 during mid-day trading on Thursday, reaching $22.27. The stock had a trading volume of 859,555 shares, compared to its average volume of 486,522. The business has a fifty day moving average of $22.33 and a 200 day moving average of $22.36. iShares iBonds Dec 2027 Term Treasury ETF has a 12 month low of $22.24 and a 12 month high of $22.55.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st will be paid a $0.0692 dividend. This represents a $0.83 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Thursday, October 1st. This is a drop from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.0695.

About iShares iBonds Dec 2027 Term Treasury ETF

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.