iShares iBonds Dec 2027 Term Treasury ETF $IBTH Stock: Parallel Advisors LLC Increases Stake

Parallel Advisors LLC lifted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) by 352.4% during the third quarter, Holdings Channel reports. The institutional investor owned 601,963 shares of the company’s stock after purchasing an additional 468,910 shares during the period. Parallel Advisors LLC’s holdings in iShares iBonds Dec 2027 Term Treasury ETF were worth $13,436,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of IBTH. Rebalance LLC boosted its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 62.5% in the 3rd quarter. Rebalance LLC now owns 486,882 shares of the company’s stock worth $10,867,000 after buying an additional 187,226 shares during the period. Montecito Bank & Trust bought a new stake in iShares iBonds Dec 2027 Term Treasury ETF during the third quarter valued at about $2,124,000. True Link Financial Advisors LLC bought a new stake in iShares iBonds Dec 2027 Term Treasury ETF during the third quarter valued at about $1,893,000. Midwest Professional Planners LTD. lifted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 29.0% in 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 in the last quarter. Finally, Horizons Wealth Management purchased a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF in the third quarter valued at about $1,138,000.

iShares iBonds Dec 2027 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2027 Term Treasury ETF stock traded up $0.01 during trading hours on Friday, hitting $22.32. The company’s stock had a trading volume of 832,117 shares, compared to its average volume of 544,256. The business has a 50 day moving average price of $22.31 and a two-hundred day moving average price of $22.37. iShares iBonds Dec 2027 Term Treasury ETF has a 12-month low of $22.24 and a 12-month high of $22.54.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were paid a dividend of $0.0703 per share. This is a boost from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.0692. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $0.84 annualized dividend and a yield of 3.8%.

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.