iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Sees Unusually-High Trading Volume – Still a Buy?

Shares of iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) saw an uptick in trading volume on Tuesday . 1,704,027 shares were traded during mid-day trading, an increase of 321% from the previous session’s volume of 404,671 shares.The stock last traded at $22.37 and had previously closed at $22.38.

iShares iBonds Dec 2027 Term Treasury ETF Stock Down 0.1 %

The stock has a fifty day moving average price of $22.23 and a 200 day moving average price of $22.33.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.0686 per share. The ex-dividend date was Monday, March 3rd.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of IBTH. Confluence Investment Management LLC lifted its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 4.6% in the 4th quarter. Confluence Investment Management LLC now owns 1,417,941 shares of the company’s stock worth $31,474,000 after acquiring an additional 61,970 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 12.7% in the fourth quarter. Integrated Wealth Concepts LLC now owns 915,265 shares of the company’s stock worth $20,316,000 after purchasing an additional 103,344 shares during the last quarter. Boston Family Office LLC boosted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 78.8% during the fourth quarter. Boston Family Office LLC now owns 180,267 shares of the company’s stock valued at $4,001,000 after buying an additional 79,423 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of iShares iBonds Dec 2027 Term Treasury ETF by 8.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 171,891 shares of the company’s stock valued at $3,815,000 after buying an additional 13,607 shares during the last quarter. Finally, Captrust Financial Advisors raised its holdings in shares of iShares iBonds Dec 2027 Term Treasury ETF by 114.0% in the fourth quarter. Captrust Financial Advisors now owns 160,866 shares of the company’s stock worth $3,571,000 after buying an additional 85,704 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.