iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Unusually-High Trading Volume – Here’s Why

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) saw strong trading volume on Friday . 1,153,111 shares changed hands during trading, an increase of 155% from the previous session’s volume of 451,399 shares.The stock last traded at $22.36 and had previously closed at $22.36.

iShares iBonds Dec 2027 Term Treasury ETF Stock Down 0.0%

The firm has a fifty day simple moving average of $22.39 and a two-hundred day simple moving average of $22.44.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.0705 dividend. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.07.

Institutional Trading of iShares iBonds Dec 2027 Term Treasury ETF

Several institutional investors and hedge funds have recently modified their holdings of IBTH. NewEdge Advisors LLC raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 40.0% in the 4th quarter. NewEdge Advisors LLC now owns 1,744,511 shares of the company’s stock valued at $39,199,000 after acquiring an additional 497,993 shares in the last quarter. United Capital Financial Advisors LLC raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 62.0% in the 3rd quarter. United Capital Financial Advisors LLC now owns 803,412 shares of the company’s stock valued at $18,093,000 after acquiring an additional 307,527 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 53.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 248,385 shares of the company’s stock valued at $5,576,000 after acquiring an additional 86,960 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 8.1% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 1,089,080 shares of the company’s stock valued at $24,526,000 after acquiring an additional 81,760 shares in the last quarter. Finally, Klaas Financial Asset Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF in the 4th quarter valued at about $1,468,000.

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.