iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Strong Trading Volume

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) saw an uptick in trading volume on Wednesday . 290,368 shares were traded during mid-day trading, an increase of 55% from the previous session’s volume of 187,373 shares.The stock last traded at $22.67 and had previously closed at $22.68.

iShares iBonds Dec 2027 Term Treasury ETF Stock Down 0.0 %

The stock’s fifty day moving average price is $22.47 and its 200-day moving average price is $22.18.

iShares iBonds Dec 2027 Term Treasury ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.0764 per share. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Hills Bank & Trust Co increased its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 15.1% in the 2nd quarter. Hills Bank & Trust Co now owns 9,116 shares of the company’s stock worth $201,000 after acquiring an additional 1,198 shares during the period. Horizons Wealth Management boosted its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 270.1% during the second quarter. Horizons Wealth Management now owns 9,466 shares of the company’s stock worth $210,000 after buying an additional 6,908 shares in the last quarter. Pinnacle Bancorp Inc. purchased a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the 1st quarter worth about $220,000. Mascoma Wealth Management LLC raised its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 4.1% during the 2nd quarter. Mascoma Wealth Management LLC now owns 11,484 shares of the company’s stock worth $254,000 after purchasing an additional 456 shares in the last quarter. Finally, Transcend Capital Advisors LLC bought a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF in the 2nd quarter valued at approximately $884,000.

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.