iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sets New 52-Week Low – Time to Sell?

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) shares reached a new 52-week low on Wednesday . The stock traded as low as $22.29 and last traded at $22.30, with a volume of 13577 shares traded. The stock had previously closed at $22.37.

iShares iBonds Dec 2027 Term Treasury ETF Stock Down 0.3%

The stock’s fifty day simple moving average is $22.37 and its 200-day simple moving average is $22.43.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.0705 dividend. This is a positive change from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.8%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IBTH. Reliant Wealth Planning increased its position in iShares iBonds Dec 2027 Term Treasury ETF by 0.7% in the first quarter. Reliant Wealth Planning now owns 66,696 shares of the company’s stock worth $1,496,000 after buying an additional 489 shares during the period. Atlantic Private Wealth LLC lifted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 6.9% in the first quarter. Atlantic Private Wealth LLC now owns 209,413 shares of the company’s stock valued at $4,697,000 after buying an additional 13,608 shares during the last quarter. Basepoint Wealth LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the first quarter valued at $400,000. Midwest Professional Planners LTD. boosted its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 29.0% during the first quarter. Midwest Professional Planners LTD. now owns 264,689 shares of the company’s stock valued at $5,937,000 after acquiring an additional 59,478 shares during the period. Finally, Pinnacle Bancorp Inc. grew its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 2.5% during the first quarter. Pinnacle Bancorp Inc. now owns 27,865 shares of the company’s stock worth $625,000 after acquiring an additional 668 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.