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

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) shares saw strong trading volume on Wednesday . 196,411 shares traded hands during mid-day trading, a decline of 32% from the previous session’s volume of 287,959 shares.The stock last traded at $22.44 and had previously closed at $22.42.

iShares iBonds Dec 2027 Term Treasury ETF Trading Up 0.1 %

The stock’s 50-day simple moving average is $22.35 and its 200 day simple moving average is $22.29.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were paid a dividend of $0.0759 per share. The ex-dividend date was Tuesday, April 1st. This represents a $0.91 annualized dividend and a yield of 4.06%. This is a boost from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.07.

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

Several institutional investors have recently added to or reduced their stakes in the business. Hills Bank & Trust Co increased its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 8.6% in the 4th quarter. Hills Bank & Trust Co now owns 9,900 shares of the company’s stock valued at $220,000 after acquiring an additional 784 shares in the last quarter. Horizons Wealth Management grew its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 2.6% in the first quarter. Horizons Wealth Management now owns 40,248 shares of the company’s stock worth $902,000 after purchasing an additional 1,036 shares during the period. Lowe Wealth Advisors LLC bought a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the first quarter valued at $29,000. Pinnacle Bancorp Inc. raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 7.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 19,110 shares of the company’s stock valued at $424,000 after purchasing an additional 1,350 shares during the period. Finally, Harbor Investment Advisory LLC bought a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 1st quarter worth about $40,000.

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.