iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Unusually-High Trading Volume – Should You Buy?

Shares of iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) saw unusually-high trading volume on Thursday . Approximately 1,443,442 shares changed hands during mid-day trading, an increase of 295% from the previous session’s volume of 365,486 shares.The stock last traded at $22.23 and had previously closed at $22.21.

iShares iBonds Dec 2027 Term Treasury ETF Stock Up 0.2 %

The business’s 50 day simple moving average is $22.19 and its 200-day simple moving average is $22.34.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.0762 per share. This is a boost from iShares iBonds Dec 2027 Term Treasury ETF’s previous dividend of $0.07. The ex-dividend date of this dividend was Monday, February 3rd.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in IBTH. Confluence Investment Management LLC raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 4.6% during the fourth quarter. Confluence Investment Management LLC now owns 1,417,941 shares of the company’s stock worth $31,474,000 after acquiring an additional 61,970 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 12.7% during the fourth quarter. Integrated Wealth Concepts LLC now owns 915,265 shares of the company’s stock worth $20,316,000 after acquiring an additional 103,344 shares during the period. Boston Family Office LLC raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 78.8% during the fourth quarter. Boston Family Office LLC now owns 180,267 shares of the company’s stock worth $4,001,000 after acquiring an additional 79,423 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 8.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 171,891 shares of the company’s stock worth $3,815,000 after acquiring an additional 13,607 shares during the period. Finally, Captrust Financial Advisors raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 114.0% during the fourth quarter. Captrust Financial Advisors now owns 160,866 shares of the company’s stock worth $3,571,000 after acquiring an additional 85,704 shares during the period.

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.