iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sets New 12-Month High – Here’s What Happened

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) shares reached a new 52-week high during trading on Monday. The company traded as high as $23.00 and last traded at $22.3350, with a volume of 100 shares changing hands. The stock had previously closed at $22.32.

iShares iBonds Dec 2027 Term Treasury ETF Stock Up 0.0%

The company’s 50 day simple moving average is $22.32 and its 200 day simple moving average is $22.35.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.0692 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.0695. This represents a $0.83 dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Reliant Wealth Planning increased its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 0.7% in 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. Pinnacle Bancorp Inc. raised its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 2.5% in the 1st quarter. Pinnacle Bancorp Inc. now owns 27,865 shares of the company’s stock valued at $625,000 after purchasing an additional 668 shares during the period. Farther Finance Advisors LLC grew its position in iShares iBonds Dec 2027 Term Treasury ETF by 1.9% in the third quarter. Farther Finance Advisors LLC now owns 37,239 shares of the company’s stock valued at $831,000 after purchasing an additional 680 shares in the last quarter. Princeton Global Asset Management LLC bought a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 1st quarter worth approximately $30,000. Finally, Washington Trust Advisors Inc. bought a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the third quarter valued at approximately $32,000.

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.