Farther Finance Advisors LLC Sells 16,832 Shares of iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE)

Farther Finance Advisors LLC reduced its holdings in iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) by 25.8% during the third quarter, Holdings Channel.com reports. The fund owned 48,374 shares of the company’s stock after selling 16,832 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares iBonds Dec 2024 Term Treasury ETF were worth $1,161,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IBTE. United Community Bank purchased a new position in shares of iShares iBonds Dec 2024 Term Treasury ETF during the first quarter worth about $48,000. Gould Asset Management LLC CA grew its stake in iShares iBonds Dec 2024 Term Treasury ETF by 59.3% in the 1st quarter. Gould Asset Management LLC CA now owns 49,415 shares of the company’s stock worth $1,183,000 after buying an additional 18,400 shares in the last quarter. Portland Global Advisors LLC purchased a new position in iShares iBonds Dec 2024 Term Treasury ETF in the 1st quarter worth approximately $1,130,000. JDM Financial Group LLC increased its holdings in shares of iShares iBonds Dec 2024 Term Treasury ETF by 12.4% in the 1st quarter. JDM Financial Group LLC now owns 19,093 shares of the company’s stock worth $457,000 after buying an additional 2,104 shares during the last quarter. Finally, Captrust Financial Advisors raised its position in shares of iShares iBonds Dec 2024 Term Treasury ETF by 12.4% during the 1st quarter. Captrust Financial Advisors now owns 21,426,891 shares of the company’s stock valued at $512,960,000 after buying an additional 2,356,332 shares in the last quarter.

iShares iBonds Dec 2024 Term Treasury ETF Stock Down 0.3 %

NASDAQ IBTE opened at $23.90 on Monday. iShares iBonds Dec 2024 Term Treasury ETF has a 52-week low of $23.78 and a 52-week high of $24.01. The company has a fifty day moving average of $23.95 and a 200-day moving average of $23.94.

iShares iBonds Dec 2024 Term Treasury ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be paid a dividend of $0.1004 per share. The ex-dividend date is Friday, November 1st.

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.