iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Strong Trading Volume – What’s Next?

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) shares saw unusually-strong trading volume on Tuesday . Approximately 431,021 shares traded hands during mid-day trading, an increase of 35% from the previous session’s volume of 319,508 shares.The stock last traded at $22.27 and had previously closed at $22.28.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

The stock has a 50 day moving average price of $22.21 and a two-hundred day moving average price of $22.34.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.0746 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.02%.

Institutional Trading of iShares iBonds Dec 2027 Term Treasury ETF

Hedge funds have recently modified their holdings of the stock. Eastern Bank purchased a new position in iShares iBonds Dec 2027 Term Treasury ETF in the 3rd quarter worth $26,000. PSI Advisors LLC purchased a new stake in iShares iBonds Dec 2027 Term Treasury ETF during the fourth quarter valued at $61,000. Heartland Bank & Trust Co bought a new stake in iShares iBonds Dec 2027 Term Treasury ETF during the third quarter valued at about $268,000. Cary Street Partners Asset Management LLC bought a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 3rd quarter valued at $295,000. Finally, Costello Asset Management INC lifted its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 110.1% in the 4th quarter. Costello Asset Management INC now owns 13,914 shares of the company’s stock worth $309,000 after purchasing an additional 7,292 shares in the last quarter.

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.