iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Large Volume Increase Following Dividend Announcement

Shares of iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) saw unusually-high trading volume on Monday following a dividend announcement from the company. Approximately 754,342 shares traded hands during trading, an increase of 113% from the previous session’s volume of 354,417 shares.The stock last traded at $22.20 and had previously closed at $22.27.

The newly announced dividend which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be issued a dividend of $0.0762 per share. The ex-dividend date is Monday, February 3rd. This is a boost from iShares iBonds Dec 2027 Term Treasury ETF’s previous dividend of $0.07.

iShares iBonds Dec 2027 Term Treasury ETF Price Performance

The company has a 50-day simple moving average of $22.21 and a 200 day simple moving average of $22.35.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IBTH. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares iBonds Dec 2027 Term Treasury ETF in the 4th quarter valued at about $47,000. Bank of Jackson Hole Trust bought a new position in iShares iBonds Dec 2027 Term Treasury ETF in the fourth quarter worth approximately $42,000. Leavell Investment Management Inc. lifted its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 18.5% during the fourth quarter. Leavell Investment Management Inc. now owns 109,151 shares of the company’s stock worth $2,423,000 after buying an additional 17,043 shares during the period. Barrett & Company Inc. boosted its position in iShares iBonds Dec 2027 Term Treasury ETF by 33.0% during the 4th quarter. Barrett & Company Inc. now owns 29,013 shares of the company’s stock valued at $644,000 after acquiring an additional 7,200 shares in the last quarter. Finally, Costello Asset Management INC increased its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 110.1% in the 4th quarter. Costello Asset Management INC now owns 13,914 shares of the company’s stock valued at $309,000 after acquiring an additional 7,292 shares during the period.

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.