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

Shares of iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) saw unusually-strong trading volume on Tuesday . Approximately 1,704,027 shares changed hands during mid-day trading, an increase of 321% from the previous session’s volume of 404,671 shares.The stock last traded at $22.37 and had previously closed at $22.38.

iShares iBonds Dec 2027 Term Treasury ETF Trading Down 0.1 %

The business’s fifty day simple moving average is $22.23 and its 200-day simple moving average is $22.33.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.0686 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Trading of iShares iBonds Dec 2027 Term Treasury ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Janney Montgomery Scott LLC grew its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 1.2% during the third quarter. Janney Montgomery Scott LLC now owns 158,284 shares of the company’s stock valued at $3,583,000 after purchasing an additional 1,858 shares in the last quarter. Boston Family Office LLC increased its stake in iShares iBonds Dec 2027 Term Treasury ETF by 38.3% in the 3rd quarter. Boston Family Office LLC now owns 100,844 shares of the company’s stock worth $2,283,000 after acquiring an additional 27,917 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 59.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 811,921 shares of the company’s stock worth $18,378,000 after acquiring an additional 303,365 shares in the last quarter. Kovitz Investment Group Partners LLC bought a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 3rd quarter valued at approximately $1,058,000. Finally, Confluence Investment Management LLC boosted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 4.6% during the 4th quarter. Confluence Investment Management LLC now owns 1,417,941 shares of the company’s stock valued at $31,474,000 after acquiring an additional 61,970 shares during 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.