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

iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) saw an uptick in trading volume on Wednesday . 1,807,793 shares were traded during mid-day 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 Price Performance

The firm has a 50-day moving average price of $23.90 and a two-hundred day moving average price of $23.87.

iShares iBonds Dec 2024 Term Treasury ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.0932 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.12 dividend on an annualized basis and a yield of 4.67%.

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

A number of institutional investors have recently added to or reduced their stakes in the stock. Captrust Financial Advisors lifted its position in iShares iBonds Dec 2024 Term Treasury ETF by 11.4% during the second quarter. Captrust Financial Advisors now owns 16,897,367 shares of the company’s stock worth $402,157,000 after buying an additional 1,723,909 shares in the last quarter. Colony Group LLC lifted its position in iShares iBonds Dec 2024 Term Treasury ETF by 1.7% during the second quarter. Colony Group LLC now owns 3,765,764 shares of the company’s stock worth $89,625,000 after buying an additional 62,858 shares in the last quarter. Hills Bank & Trust Co lifted its position in iShares iBonds Dec 2024 Term Treasury ETF by 27.0% during the fourth quarter. Hills Bank & Trust Co now owns 1,591,657 shares of the company’s stock worth $37,977,000 after buying an additional 338,367 shares in the last quarter. InterOcean Capital Group LLC lifted its position in iShares iBonds Dec 2024 Term Treasury ETF by 99.0% during the fourth quarter. InterOcean Capital Group LLC now owns 1,507,671 shares of the company’s stock worth $35,973,000 after buying an additional 749,991 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its position in iShares iBonds Dec 2024 Term Treasury ETF by 135.3% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 695,267 shares of the company’s stock worth $16,589,000 after buying an additional 399,823 shares in the last quarter.

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.