PSI Advisors LLC Takes $61,000 Position in iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH)

PSI Advisors LLC purchased a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 2,740 shares of the company’s stock, valued at approximately $61,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in IBTH. Eastern Bank bought a new position in iShares iBonds Dec 2027 Term Treasury ETF during the 3rd quarter worth approximately $26,000. Janney Montgomery Scott LLC raised its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 1.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 158,284 shares of the company’s stock valued at $3,583,000 after acquiring an additional 1,858 shares in the last quarter. Pinnacle Bancorp Inc. lifted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 78.6% during the third quarter. Pinnacle Bancorp Inc. now owns 17,760 shares of the company’s stock worth $402,000 after purchasing an additional 7,814 shares during the last quarter. Heartland Bank & Trust Co acquired a new position in iShares iBonds Dec 2027 Term Treasury ETF in the third quarter worth $268,000. Finally, Cary Street Partners Asset Management LLC acquired a new position in iShares iBonds Dec 2027 Term Treasury ETF in the third quarter worth $295,000.

iShares iBonds Dec 2027 Term Treasury ETF Price Performance

Shares of NASDAQ:IBTH opened at $22.13 on Wednesday. The company’s fifty day moving average is $22.20 and its two-hundred day moving average is $22.34. iShares iBonds Dec 2027 Term Treasury ETF has a 1-year low of $21.79 and a 1-year high of $22.69.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.0746 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date was Wednesday, December 18th.

iShares iBonds Dec 2027 Term Treasury ETF 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.