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 an uptick in trading volume on Monday . 754,342 shares traded hands during mid-day trading, an increase of 113% from the previous session’s volume of 354,417 shares.The stock last traded at $22.20 and had previously closed at $22.27.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

The firm’s 50-day simple moving average is $22.21 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 Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.0746 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $0.90 dividend on an annualized basis and a yield of 4.04%.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Treasury ETF

Large investors have recently made changes to their positions in the stock. Strategic Blueprint LLC lifted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 89.3% in the third quarter. Strategic Blueprint LLC now owns 102,571 shares of the company’s stock valued at $2,322,000 after acquiring an additional 48,399 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 59.7% during the third quarter. Integrated Wealth Concepts LLC now owns 811,921 shares of the company’s stock worth $18,378,000 after purchasing an additional 303,365 shares during the period. Boston Family Office LLC increased its position in iShares iBonds Dec 2027 Term Treasury ETF by 38.3% during the third quarter. Boston Family Office LLC now owns 100,844 shares of the company’s stock worth $2,283,000 after buying an additional 27,917 shares during the last quarter. Pinnacle Bancorp Inc. raised its stake in iShares iBonds Dec 2027 Term Treasury ETF by 78.6% in the third quarter. Pinnacle Bancorp Inc. now owns 17,760 shares of the company’s stock valued at $402,000 after buying an additional 7,814 shares during the period. Finally, Heartland Bank & Trust Co acquired a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF in the third quarter valued at approximately $268,000.

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.