iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) Sees Strong Trading Volume

Shares of iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) saw strong trading volume on Wednesday . 1,807,793 shares traded hands during trading, an increase of 148% from the previous session’s volume of 727,825 shares.The stock last traded at $23.91 and had previously closed at $23.90.

iShares iBonds Dec 2024 Term Treasury ETF Stock Performance

The company’s 50 day moving average price is $23.90 and its 200 day moving average price is $23.87.

iShares iBonds Dec 2024 Term Treasury ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.0932 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.12 annualized dividend and a dividend yield of 4.68%.

Institutional Trading of iShares iBonds Dec 2024 Term Treasury ETF

Several hedge funds have recently modified their holdings of IBTE. Atlantic Union Bankshares Corp boosted its stake in iShares iBonds Dec 2024 Term Treasury ETF by 23.7% in the first quarter. Atlantic Union Bankshares Corp now owns 340,929 shares of the company’s stock valued at $8,162,000 after acquiring an additional 65,274 shares during the last quarter. Mill Creek Capital Advisors LLC bought a new position in iShares iBonds Dec 2024 Term Treasury ETF in the fourth quarter valued at approximately $1,270,000. Baird Financial Group Inc. boosted its stake in iShares iBonds Dec 2024 Term Treasury ETF by 40.3% in the fourth quarter. Baird Financial Group Inc. now owns 91,290 shares of the company’s stock valued at $2,178,000 after acquiring an additional 26,225 shares during the last quarter. Comerica Bank boosted its stake in iShares iBonds Dec 2024 Term Treasury ETF by 23.2% in the fourth quarter. Comerica Bank now owns 7,208 shares of the company’s stock valued at $172,000 after acquiring an additional 1,358 shares during the last quarter. Finally, Boston Family Office LLC boosted its stake in iShares iBonds Dec 2024 Term Treasury ETF by 23.9% in the fourth quarter. Boston Family Office LLC now owns 110,060 shares of the company’s stock valued at $2,626,000 after acquiring an additional 21,211 shares during the last quarter.

iShares iBonds Dec 2024 Term Treasury ETF Company Profile

The iShares iBonds Dec 2024 Term Treasury ETF (IBTE) is an exchange-traded fund that is based on the ICE 2024 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2024. The fund will terminate in December 2024. IBTE was launched on Feb 25, 2020 and is managed by BlackRock.