iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Reaches New 1-Year High – Time to Buy?

by · The Markets Daily

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday. The company traded as high as $23.00 and last traded at $22.3350, with a volume of 100 shares. The stock had previously closed at $22.32.

iShares iBonds Dec 2027 Term Treasury ETF Trading Up 0.0%

The company has a fifty day moving average of $22.32 and a two-hundred day moving average of $22.35.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a dividend of $0.0692 per share. This is a negative change from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.0695. The ex-dividend date was Thursday, October 1st. This represents a $0.83 annualized dividend and a yield of 3.7%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Princeton Global Asset Management LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 1st quarter valued at about $30,000. Washington Trust Advisors Inc. purchased a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF in the 3rd quarter valued at about $32,000. Compass Financial Management LLC acquired a new stake in iShares iBonds Dec 2027 Term Treasury ETF during the second quarter worth approximately $48,000. NBH Bank acquired a new position in iShares iBonds Dec 2027 Term Treasury ETF in the second quarter valued at $61,000. Finally, WASHINGTON TRUST Co purchased a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the 3rd quarter valued at approximately $274,000.

About iShares iBonds Dec 2027 Term Treasury ETF

(Get Free Report)

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.

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