JDM Financial Group LLC Raises Stock Position in iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE)

JDM Financial Group LLC boosted its position in shares of iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) by 12.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,093 shares of the company’s stock after purchasing an additional 2,104 shares during the period. iShares iBonds Dec 2024 Term Treasury ETF makes up 0.3% of JDM Financial Group LLC’s holdings, making the stock its 27th biggest holding. JDM Financial Group LLC’s holdings in iShares iBonds Dec 2024 Term Treasury ETF were worth $457,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of IBTE. Portland Global Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF in the 1st quarter valued at approximately $1,130,000. Gould Asset Management LLC CA grew its holdings in shares of iShares iBonds Dec 2024 Term Treasury ETF by 59.3% in the first quarter. Gould Asset Management LLC CA now owns 49,415 shares of the company’s stock valued at $1,183,000 after purchasing an additional 18,400 shares in the last quarter. United Community Bank acquired a new position in shares of iShares iBonds Dec 2024 Term Treasury ETF in the first quarter valued at approximately $48,000. Cambridge Investment Research Advisors Inc. grew its holdings in shares of iShares iBonds Dec 2024 Term Treasury ETF by 13.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 787,455 shares of the company’s stock valued at $18,852,000 after purchasing an additional 92,188 shares in the last quarter. Finally, Leavell Investment Management Inc. grew its holdings in shares of iShares iBonds Dec 2024 Term Treasury ETF by 0.8% in the first quarter. Leavell Investment Management Inc. now owns 195,081 shares of the company’s stock valued at $4,670,000 after purchasing an additional 1,512 shares in the last quarter.

iShares iBonds Dec 2024 Term Treasury ETF Stock Performance

Shares of IBTE stock remained flat at $23.93 during trading on Thursday. 788,113 shares of the company were exchanged, compared to its average volume of 632,962. The company has a fifty day simple moving average of $23.93 and a 200-day simple moving average of $23.91. iShares iBonds Dec 2024 Term Treasury ETF has a 52-week low of $23.73 and a 52-week high of $23.98.

iShares iBonds Dec 2024 Term Treasury ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a $0.0939 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 4.71%. The ex-dividend date was Monday, July 1st.

iShares iBonds Dec 2024 Term Treasury ETF Company Profile

The iShares iBonds Dec 2024 Term Treasury ETF (IBTE) is an exchange-traded fund that is based on the ICE 2024 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2024. The fund will terminate in December 2024. IBTE was launched on Feb 25, 2020 and is managed by BlackRock.