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

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $22.29 and last traded at $22.30, with a volume of 28017 shares trading hands. The stock had previously closed at $22.37.

iShares iBonds Dec 2027 Term Treasury ETF Price Performance

The stock has a 50-day moving average of $22.34 and a 200 day moving average of $22.38.

iShares iBonds Dec 2027 Term Treasury ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be paid a $0.0695 dividend. The ex-dividend date is Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of IBTH. Princeton Global Asset Management LLC purchased a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 1st quarter worth about $30,000. Compass Financial Management LLC acquired a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 2nd quarter worth approximately $48,000. NBH Bank acquired a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 2nd quarter worth approximately $61,000. High Note Wealth LLC lifted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 282.4% during the 4th quarter. High Note Wealth LLC now owns 13,318 shares of the company’s stock valued at $299,000 after buying an additional 9,835 shares in the last quarter. Finally, JPMorgan Chase & Co. purchased a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF during the 2nd quarter valued at approximately $343,000.

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.