iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sets New 12-Month Low – Here’s Why

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $22.29 and last traded at $22.29, with a volume of 396510 shares trading hands. The stock had previously closed at $22.31.

iShares iBonds Dec 2027 Term Treasury ETF Stock Down 0.1%

The stock’s 50 day moving average is $22.34 and its 200 day moving average is $22.37.

iShares iBonds Dec 2027 Term Treasury ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a $0.0695 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Tuesday, September 1st.

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

A number of hedge funds have recently bought and sold shares of the business. Princeton Global Asset Management LLC bought a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the 1st quarter valued at about $30,000. Compass Financial Management LLC bought a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the second quarter worth approximately $48,000. NBH Bank bought a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the second quarter worth approximately $61,000. Basepoint Wealth LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF in the first quarter valued at approximately $400,000. Finally, Pinnacle Bancorp Inc. raised its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 2.5% in the first quarter. Pinnacle Bancorp Inc. now owns 27,865 shares of the company’s stock valued at $625,000 after buying an additional 668 shares in 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.