iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Unusually-High Trading Volume – What’s Next?

Shares of iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) saw an uptick in trading volume on Tuesday . 431,021 shares changed hands during trading, an increase of 35% from the previous session’s volume of 319,508 shares.The stock last traded at $22.27 and had previously closed at $22.28.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

The business’s 50 day simple moving average is $22.20 and its 200 day simple moving average is $22.34.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.0746 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date was Wednesday, December 18th.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of IBTH. Eastern Bank bought a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF in the third quarter valued at approximately $26,000. PSI Advisors LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF in the fourth quarter valued at approximately $61,000. Heartland Bank & Trust Co acquired a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF in the third quarter valued at approximately $268,000. Cary Street Partners Asset Management LLC acquired a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF in the third quarter valued at approximately $295,000. Finally, Costello Asset Management INC increased its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 110.1% in the fourth quarter. Costello Asset Management INC now owns 13,914 shares of the company’s stock valued at $309,000 after purchasing an additional 7,292 shares in 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.