iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Reaches New 1-Year Low – Here’s What Happened

Shares of iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) hit a new 52-week low during trading on Tuesday . The company traded as low as $22.29 and last traded at $22.30, with a volume of 28017 shares traded. The stock had previously closed at $22.37.

iShares iBonds Dec 2027 Term Treasury ETF Trading Down 0.3%

The company has a fifty day moving average price of $22.35 and a two-hundred day moving average price of $22.39.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

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

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Treasury ETF

A number of institutional investors have recently bought and sold shares of the business. Reliant Wealth Planning increased its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 0.7% in the 1st quarter. Reliant Wealth Planning now owns 66,696 shares of the company’s stock valued at $1,496,000 after buying an additional 489 shares during the period. Pinnacle Bancorp Inc. lifted its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 2.5% during the 1st 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 period. Thoroughbred Financial Services LLC boosted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 0.9% during the 4th quarter. Thoroughbred Financial Services LLC now owns 99,574 shares of the company’s stock valued at $2,237,000 after acquiring an additional 891 shares in the last quarter. 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. Finally, Compass Financial Management LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 2nd quarter valued at about $48,000.

iShares iBonds Dec 2027 Term Treasury ETF Company Profile

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.