iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Unusually-High Trading Volume After Dividend Announcement

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) saw unusually-high trading volume on Tuesday following a dividend announcement from the company. Approximately 276,253 shares were traded during mid-day trading, an increase of 62% from the previous session’s volume of 170,785 shares.The stock last traded at $21.86 and had previously closed at $21.89.

The newly announced dividend which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be paid a $0.0734 dividend. The ex-dividend date is Wednesday, May 1st.

iShares iBonds Dec 2027 Term Treasury ETF Stock Up 0.3 %

The company’s fifty day moving average price is $22.03 and its two-hundred day moving average price is $22.09.

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

A number of large investors have recently modified their holdings of the business. Hills Bank & Trust Co acquired a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF in the 3rd quarter worth approximately $124,000. AllSquare Wealth Management LLC grew its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 3,653.6% during the third quarter. AllSquare Wealth Management LLC now owns 20,645 shares of the company’s stock worth $451,000 after buying an additional 20,095 shares in the last quarter. KPP Advisory Services LLC purchased a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the third quarter valued at approximately $214,000. Janney Montgomery Scott LLC purchased a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 3rd quarter worth $2,557,000. Finally, Montecito Bank & Trust increased its stake in iShares iBonds Dec 2027 Term Treasury ETF by 341.0% in the fourth quarter. Montecito Bank & Trust now owns 50,514 shares of the company’s stock valued at $1,131,000 after purchasing an additional 39,059 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.