Eldridge Investment Advisors Inc. Has $2.54 Million Stake in iShares iBonds Dec 2027 Term Treasury ETF $IBTH

Eldridge Investment Advisors Inc. raised its holdings in iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) by 37.6% in the fourth quarter, Holdings Channel reports. The fund owned 112,809 shares of the company’s stock after acquiring an additional 30,816 shares during the period. Eldridge Investment Advisors Inc.’s holdings in iShares iBonds Dec 2027 Term Treasury ETF were worth $2,535,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Thoroughbred Financial Services LLC grew its stake in iShares iBonds Dec 2027 Term Treasury ETF by 0.9% in the fourth quarter. Thoroughbred Financial Services LLC now owns 99,574 shares of the company’s stock valued at $2,237,000 after acquiring an additional 891 shares during the period. Beese Fulmer Investment Management Inc. grew its stake in iShares iBonds Dec 2027 Term Treasury ETF by 11.5% in the third quarter. Beese Fulmer Investment Management Inc. now owns 10,104 shares of the company’s stock valued at $228,000 after acquiring an additional 1,040 shares during the period. Opus Capital Group LLC grew its stake in iShares iBonds Dec 2027 Term Treasury ETF by 9.2% in the fourth quarter. Opus Capital Group LLC now owns 15,782 shares of the company’s stock valued at $355,000 after acquiring an additional 1,332 shares during the period. Horizons Wealth Management grew its stake in iShares iBonds Dec 2027 Term Treasury ETF by 3.2% in the fourth quarter. Horizons Wealth Management now owns 46,266 shares of the company’s stock valued at $1,040,000 after acquiring an additional 1,451 shares during the period. Finally, Prime Capital Investment Advisors LLC boosted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 14.4% during the third quarter. Prime Capital Investment Advisors LLC now owns 11,797 shares of the company’s stock worth $266,000 after buying an additional 1,486 shares during the period.

iShares iBonds Dec 2027 Term Treasury ETF Stock Up 0.0%

IBTH stock opened at $22.34 on Tuesday. The business has a 50-day moving average of $22.39 and a 200-day moving average of $22.44. iShares iBonds Dec 2027 Term Treasury ETF has a fifty-two week low of $22.31 and a fifty-two week high of $22.55.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

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

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.