iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Hits New 1-Year Low – Time to Sell?

iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) reached a new 52-week low during trading on Wednesday . The company traded as low as $22.29 and last traded at $22.30, with a volume of 13577 shares changing hands. The stock had previously closed at $22.37.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

The company’s 50 day moving average is $22.37 and its 200 day moving average is $22.43.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be paid a dividend of $0.0686 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Wednesday, July 1st.

Institutional Investors Weigh In On iShares iBonds Dec 2027 Term Treasury ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 40.0% in the fourth quarter. NewEdge Advisors LLC now owns 1,744,511 shares of the company’s stock valued at $39,199,000 after buying an additional 497,993 shares during the last quarter. United Capital Financial Advisors LLC grew its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 62.0% during the third quarter. United Capital Financial Advisors LLC now owns 803,412 shares of the company’s stock worth $18,093,000 after buying an additional 307,527 shares during the last quarter. Ameriprise Financial Inc. increased its position in iShares iBonds Dec 2027 Term Treasury ETF by 53.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 248,385 shares of the company’s stock valued at $5,576,000 after acquiring an additional 86,960 shares during the period. Integrated Wealth Concepts LLC increased its position in iShares iBonds Dec 2027 Term Treasury ETF by 8.1% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 1,089,080 shares of the company’s stock valued at $24,526,000 after acquiring an additional 81,760 shares during the period. Finally, Klaas Financial Asset Advisors LLC purchased a new stake in iShares iBonds Dec 2027 Term Treasury ETF during the 4th quarter valued at approximately $1,468,000.

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.