iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Shares Up 0.1% – Time to Buy?

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH)’s share price rose 0.1% on Friday . The company traded as high as $22.34 and last traded at $22.34. 341,590 shares traded hands during trading, a decline of 26% from the average session volume of 460,355 shares. The stock had previously closed at $22.32.

iShares iBonds Dec 2027 Term Treasury ETF Stock Up 0.1%

The firm’s 50 day simple moving average is $22.34 and its two-hundred day simple moving average is $22.40.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 3.8%. This is a positive change from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.07.

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

Institutional investors have recently added to or reduced their stakes in the stock. Princeton Global Asset Management LLC purchased a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the first quarter worth $30,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the fourth quarter valued at about $49,000. Farther Finance Advisors LLC lifted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 2,031.8% in the 4th quarter. Farther Finance Advisors LLC now owns 10,254 shares of the company’s stock worth $230,000 after purchasing an additional 9,773 shares in the last quarter. High Note Wealth LLC raised its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 282.4% in the fourth quarter. High Note Wealth LLC now owns 13,318 shares of the company’s stock worth $299,000 after buying an additional 9,835 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the second quarter valued at approximately $343,000.

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.