iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) Hits New 52-Week High at $23.98

iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $23.98 and last traded at $23.96, with a volume of 460422 shares changing hands. The stock had previously closed at $23.96.

iShares iBonds Dec 2024 Term Treasury ETF Stock Performance

The stock has a 50-day moving average of $23.93 and a 200 day moving average of $23.91.

iShares iBonds Dec 2024 Term Treasury ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a $0.0939 dividend. This represents a $1.13 dividend on an annualized basis and a dividend yield of 4.70%. The ex-dividend date of this dividend was Monday, July 1st.

Hedge Funds Weigh In On iShares iBonds Dec 2024 Term Treasury ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. United Community Bank purchased a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF during the 1st quarter valued at approximately $48,000. Bogart Wealth LLC purchased a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF in the 4th quarter valued at approximately $69,000. WASHINGTON TRUST Co purchased a new stake in iShares iBonds Dec 2024 Term Treasury ETF in the first quarter valued at approximately $72,000. First Horizon Advisors Inc. acquired a new position in iShares iBonds Dec 2024 Term Treasury ETF during the fourth quarter worth $90,000. Finally, American National Bank & Trust Co. VA acquired a new position in iShares iBonds Dec 2024 Term Treasury ETF during the first quarter worth $270,000.

About iShares iBonds Dec 2024 Term Treasury ETF

The iShares iBonds Dec 2024 Term Treasury ETF (IBTE) is an exchange-traded fund that is based on the ICE 2024 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2024. The fund will terminate in December 2024. IBTE was launched on Feb 25, 2020 and is managed by BlackRock.