iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Position Boosted by Baird Financial Group Inc.

Baird Financial Group Inc. increased its holdings in iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) by 60.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 111,854 shares of the company’s stock after purchasing an additional 42,136 shares during the quarter. Baird Financial Group Inc.’s holdings in iShares iBonds Dec 2027 Term Treasury ETF were worth $2,483,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Integrated Wealth Concepts LLC boosted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 12.7% during the 4th quarter. Integrated Wealth Concepts LLC now owns 915,265 shares of the company’s stock valued at $20,316,000 after purchasing an additional 103,344 shares in the last quarter. Portland Global Advisors LLC bought a new position in iShares iBonds Dec 2027 Term Treasury ETF during the 4th quarter valued at $2,140,000. Hughes Financial Services LLC bought a new position in iShares iBonds Dec 2027 Term Treasury ETF during the 4th quarter valued at $1,977,000. Boston Family Office LLC boosted its stake in iShares iBonds Dec 2027 Term Treasury ETF by 78.8% during the 4th quarter. Boston Family Office LLC now owns 180,267 shares of the company’s stock valued at $4,001,000 after purchasing an additional 79,423 shares in the last quarter. Finally, United Capital Financial Advisors LLC lifted its position in shares of iShares iBonds Dec 2027 Term Treasury ETF by 93.1% during the 4th quarter. United Capital Financial Advisors LLC now owns 78,541 shares of the company’s stock valued at $1,744,000 after acquiring an additional 37,869 shares during the last quarter.

iShares iBonds Dec 2027 Term Treasury ETF Trading Up 0.1%

Shares of NASDAQ:IBTH opened at $22.39 on Monday. iShares iBonds Dec 2027 Term Treasury ETF has a one year low of $21.89 and a one year high of $22.70. The stock has a fifty day moving average of $22.41 and a 200-day moving average of $22.29.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were given a dividend of $0.0746 per share. The ex-dividend date was Thursday, May 1st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.00%.

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.