Horizons Wealth Management Acquires New Shares in iShares iBonds Dec 2027 Term Treasury ETF $IBTH

Horizons Wealth Management bought a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 50,986 shares of the company’s stock, valued at approximately $1,138,000. iShares iBonds Dec 2027 Term Treasury ETF comprises approximately 0.7% of Horizons Wealth Management’s investment portfolio, making the stock its 26th largest position.

Other large investors have also added to or reduced their stakes in the company. Reliant Wealth Planning lifted its position in shares of 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 worth $1,496,000 after purchasing an additional 489 shares during the period. Pinnacle Bancorp Inc. raised its stake in 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 worth $625,000 after buying an additional 668 shares in the last quarter. Princeton Global Asset Management LLC purchased a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the first quarter worth about $30,000. Compass Financial Management LLC purchased a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 2nd quarter worth approximately $48,000. Finally, NBH Bank bought a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF in the 2nd quarter worth approximately $61,000.

iShares iBonds Dec 2027 Term Treasury ETF Price Performance

IBTH traded down $0.01 during trading on Monday, reaching $22.27. The stock had a trading volume of 258,629 shares, compared to its average volume of 486,923. The stock’s 50 day moving average is $22.33 and its two-hundred day moving average is $22.36. iShares iBonds Dec 2027 Term Treasury ETF has a one year low of $22.24 and a one year high of $22.55.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st will be issued a $0.0692 dividend. This represents a $0.83 annualized dividend and a yield of 3.7%. This is a drop from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.0695. The ex-dividend date of this dividend is Thursday, October 1st.

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.