iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Hits New 52-Week Low – Time to Sell?

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) hit a new 52-week low on Thursday. The stock traded as low as $22.25 and last traded at $22.2450, with a volume of 16362 shares. The stock had previously closed at $22.32.

iShares iBonds Dec 2027 Term Treasury ETF Price Performance

The business has a 50-day simple moving average of $22.33 and a 200-day simple moving average of $22.36.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, October 6th. Investors of record on Thursday, October 1st will be issued a $0.0692 dividend. This represents a $0.83 annualized dividend and a yield of 3.7%. This is a negative change from iShares iBonds Dec 2027 Term Treasury ETF’s previous monthly dividend of $0.0695. The ex-dividend date of this dividend is Thursday, October 1st.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Midwest Professional Planners LTD. boosted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 29.0% in the 1st quarter. Midwest Professional Planners LTD. now owns 264,689 shares of the company’s stock valued at $5,937,000 after purchasing an additional 59,478 shares during the period. Eldridge Investment Advisors Inc. increased its position in iShares iBonds Dec 2027 Term Treasury ETF by 37.6% during the fourth quarter. Eldridge Investment Advisors Inc. now owns 112,809 shares of the company’s stock worth $2,535,000 after buying an additional 30,816 shares during the period. Atlantic Private Wealth LLC increased its position in iShares iBonds Dec 2027 Term Treasury ETF by 15.8% during the fourth quarter. Atlantic Private Wealth LLC now owns 195,805 shares of the company’s stock worth $4,400,000 after buying an additional 26,708 shares during the period. Boston Family Office LLC lifted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 9.9% in the fourth quarter. Boston Family Office LLC now owns 259,199 shares of the company’s stock valued at $5,824,000 after buying an additional 23,324 shares during the last quarter. Finally, Basepoint Wealth LLC purchased a new stake in iShares iBonds Dec 2027 Term Treasury ETF in the first quarter valued at approximately $400,000.

iShares iBonds Dec 2027 Term Treasury ETF Company 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.