iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Hits New 12-Month Low – What’s Next?

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH)’s share price reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as $22.29 and last traded at $22.2950, with a volume of 479694 shares trading hands. The stock had previously closed at $22.31.

iShares iBonds Dec 2027 Term Treasury ETF Price Performance

The company’s 50-day simple moving average is $22.34 and its two-hundred day simple moving average is $22.36.

iShares iBonds Dec 2027 Term Treasury ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a $0.0695 dividend. This represents a $0.83 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Tuesday, September 1st.

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

A number of institutional investors have recently bought and sold shares of IBTH. Midwest Professional Planners LTD. grew its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 29.0% during the first quarter. Midwest Professional Planners LTD. now owns 264,689 shares of the company’s stock valued at $5,937,000 after purchasing an additional 59,478 shares during the period. Boston Family Office LLC raised its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 9.9% in the fourth quarter. Boston Family Office LLC now owns 259,199 shares of the company’s stock worth $5,824,000 after buying an additional 23,324 shares during the period. Atlantic Private Wealth LLC raised its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 6.9% in the first quarter. Atlantic Private Wealth LLC now owns 209,413 shares of the company’s stock worth $4,697,000 after buying an additional 13,608 shares during the period. Portland Global Advisors LLC lifted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 17.4% during the 4th quarter. Portland Global Advisors LLC now owns 142,114 shares of the company’s stock valued at $3,193,000 after buying an additional 21,100 shares in the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 1.9% during the 4th quarter. Parallel Advisors LLC now owns 135,871 shares of the company’s stock valued at $3,053,000 after buying an additional 2,535 shares in the last quarter.

About iShares iBonds Dec 2027 Term Treasury ETF

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.