iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) Sees Strong Trading Volume

iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) saw unusually-strong trading volume on Wednesday . Approximately 1,807,793 shares traded hands during trading, an increase of 148% from the previous session’s volume of 727,825 shares.The stock last traded at $23.91 and had previously closed at $23.90.

iShares iBonds Dec 2024 Term Treasury ETF Stock Performance

The stock has a 50-day moving average price of $23.90 and a 200-day moving average price of $23.87.

iShares iBonds Dec 2024 Term Treasury ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.0932 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.68%. The ex-dividend date was Monday, April 1st.

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

A number of hedge funds have recently bought and sold shares of the company. Captrust Financial Advisors grew its stake in iShares iBonds Dec 2024 Term Treasury ETF by 11.4% in the second quarter. Captrust Financial Advisors now owns 16,897,367 shares of the company’s stock worth $402,157,000 after purchasing an additional 1,723,909 shares in the last quarter. Colony Group LLC boosted its stake in iShares iBonds Dec 2024 Term Treasury ETF by 1.7% in the second quarter. Colony Group LLC now owns 3,765,764 shares of the company’s stock valued at $89,625,000 after acquiring an additional 62,858 shares during the period. Hills Bank & Trust Co boosted its stake in iShares iBonds Dec 2024 Term Treasury ETF by 27.0% in the fourth quarter. Hills Bank & Trust Co now owns 1,591,657 shares of the company’s stock valued at $37,977,000 after acquiring an additional 338,367 shares during the period. InterOcean Capital Group LLC boosted its stake in iShares iBonds Dec 2024 Term Treasury ETF by 99.0% in the fourth quarter. InterOcean Capital Group LLC now owns 1,507,671 shares of the company’s stock valued at $35,973,000 after acquiring an additional 749,991 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in iShares iBonds Dec 2024 Term Treasury ETF by 135.3% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 695,267 shares of the company’s stock valued at $16,589,000 after acquiring an additional 399,823 shares during the period.

iShares iBonds Dec 2024 Term Treasury ETF Company Profile

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.