iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Strong Trading Volume – Still a Buy?

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) shares saw unusually-strong trading volume on Friday . Approximately 1,153,111 shares changed hands during mid-day trading, an increase of 155% from the previous session’s volume of 451,399 shares.The stock last traded at $22.36 and had previously closed at $22.36.

iShares iBonds Dec 2027 Term Treasury ETF Price Performance

The stock has a 50 day moving average price of $22.39 and a 200-day moving average price of $22.44.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

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

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IBTH. NewEdge Advisors LLC boosted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 40.0% during the fourth quarter. NewEdge Advisors LLC now owns 1,744,511 shares of the company’s stock worth $39,199,000 after buying an additional 497,993 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 5.7% during the fourth quarter. Integrated Wealth Concepts LLC now owns 1,150,990 shares of the company’s stock worth $25,863,000 after buying an additional 61,910 shares during the last quarter. United Capital Financial Advisors LLC boosted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 62.0% during the third quarter. United Capital Financial Advisors LLC now owns 803,412 shares of the company’s stock worth $18,093,000 after buying an additional 307,527 shares during the last quarter. Titleist Asset Management LLC boosted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 3.1% during the fourth quarter. Titleist Asset Management LLC now owns 425,446 shares of the company’s stock worth $9,560,000 after buying an additional 12,676 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 8.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 342,942 shares of the company’s stock worth $7,706,000 after buying an additional 27,759 shares during the last quarter.

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.