Parallel Advisors LLC Buys 468,910 Shares of iShares iBonds Dec 2027 Term Treasury ETF $IBTH

Parallel Advisors LLC increased its stake in iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) by 352.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 601,963 shares of the company’s stock after purchasing an additional 468,910 shares during the quarter. Parallel Advisors LLC owned approximately 0.56% of iShares iBonds Dec 2027 Term Treasury ETF worth $13,436,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of IBTH. Hughes Financial Services LLC increased its position in iShares iBonds Dec 2027 Term Treasury ETF by 9.0% in the third quarter. Hughes Financial Services LLC now owns 112,180 shares of the company’s stock worth $2,506,000 after buying an additional 9,264 shares in the last quarter. Peck Wealth Management LLC bought a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF in the third quarter worth about $160,000. True Link Financial Advisors LLC bought a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF in the third quarter worth about $1,893,000. Rebalance LLC lifted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 62.5% during the 3rd quarter. Rebalance LLC now owns 486,882 shares of the company’s stock valued at $10,867,000 after buying an additional 187,226 shares in the last quarter. Finally, WASHINGTON TRUST Co purchased a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 3rd quarter valued at about $274,000.

iShares iBonds Dec 2027 Term Treasury ETF Stock Up 0.0%

Shares of IBTH stock traded up $0.01 during trading hours on Friday, reaching $22.32. 832,117 shares of the company traded hands, compared to its average volume of 544,256. The firm has a 50-day moving average price of $22.31 and a 200 day moving average price of $22.37. iShares iBonds Dec 2027 Term Treasury ETF has a 12-month low of $22.24 and a 12-month high of $22.54.

iShares iBonds Dec 2027 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were paid a dividend of $0.0703 per share. This represents a $0.84 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Monday, November 2nd. This is a positive change from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.0692.

iShares iBonds Dec 2027 Term Treasury ETF 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.