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) saw an uptick in trading volume on Friday . 1,153,111 shares were traded during 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 firm has a fifty day simple moving average of $22.39 and a 200 day simple moving average of $22.44.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.0705 dividend. The ex-dividend date of this dividend was Monday, June 1st. 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 yield of 3.8%.

Institutional Trading of iShares iBonds Dec 2027 Term Treasury ETF

Several institutional investors have recently bought and sold shares of IBTH. JPMorgan Chase & Co. acquired a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the second quarter valued at approximately $343,000. Ameriprise Financial Inc. boosted its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 4.7% in the second quarter. Ameriprise Financial Inc. now owns 161,425 shares of the company’s stock worth $3,630,000 after acquiring an additional 7,296 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 8.4% in the second quarter. Captrust Financial Advisors now owns 177,282 shares of the company’s stock worth $3,987,000 after acquiring an additional 13,719 shares during the last quarter. Prime Capital Investment Advisors LLC boosted its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 14.4% in the third quarter. Prime Capital Investment Advisors LLC now owns 11,797 shares of the company’s stock worth $266,000 after acquiring an additional 1,486 shares during the last quarter. Finally, Heartland Bank & Trust Co boosted its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 232.6% in the third quarter. Heartland Bank & Trust Co now owns 63,532 shares of the company’s stock worth $1,431,000 after acquiring an additional 44,431 shares during 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.