iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Reaches New 12-Month Low – Should You Sell?

Shares of iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) reached a new 52-week low during trading on Wednesday . The stock 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 Stock Down 0.1%

The stock’s 50 day moving average price is $22.34 and its two-hundred day moving average price is $22.37.

iShares iBonds Dec 2027 Term Treasury ETF Dividend Announcement

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

Institutional Trading of iShares iBonds Dec 2027 Term Treasury ETF

A number of hedge funds have recently modified their holdings of IBTH. Midwest Professional Planners LTD. raised its position 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 acquiring an additional 59,478 shares in the last quarter. Boston Family Office LLC boosted its position in iShares iBonds Dec 2027 Term Treasury ETF by 9.9% in the 4th quarter. Boston Family Office LLC now owns 259,199 shares of the company’s stock worth $5,824,000 after purchasing an additional 23,324 shares in the last quarter. Atlantic Private Wealth LLC grew its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 6.9% during the 1st quarter. Atlantic Private Wealth LLC now owns 209,413 shares of the company’s stock worth $4,697,000 after purchasing an additional 13,608 shares during the period. Portland Global Advisors LLC grew its stake 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 worth $3,193,000 after purchasing an additional 21,100 shares during the period. Finally, Parallel Advisors LLC increased its holdings 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 purchasing 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.