89,056 Shares in iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) Bought by Hughes Financial Services LLC

Hughes Financial Services LLC bought a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) in the fourth quarter, HoldingsChannel reports. The firm bought 89,056 shares of the company’s stock, valued at approximately $1,977,000. iShares iBonds Dec 2027 Term Treasury ETF comprises about 0.4% of Hughes Financial Services LLC’s investment portfolio, making the stock its 26th largest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of Jackson Hole Trust bought a new position in iShares iBonds Dec 2027 Term Treasury ETF during the fourth quarter valued at $42,000. Kohmann Bosshard Financial Services LLC bought a new position in iShares iBonds Dec 2027 Term Treasury ETF during the fourth quarter valued at $47,000. PSI Advisors LLC bought a new position in iShares iBonds Dec 2027 Term Treasury ETF during the fourth quarter valued at $61,000. Costello Asset Management INC lifted its position in iShares iBonds Dec 2027 Term Treasury ETF by 110.1% during the fourth quarter. Costello Asset Management INC now owns 13,914 shares of the company’s stock valued at $309,000 after purchasing an additional 7,292 shares during the last quarter. Finally, Crews Bank & Trust bought a new position in iShares iBonds Dec 2027 Term Treasury ETF during the fourth quarter valued at $391,000.

iShares iBonds Dec 2027 Term Treasury ETF Trading Up 0.0 %

IBTH stock opened at $22.36 on Friday. iShares iBonds Dec 2027 Term Treasury ETF has a 52 week low of $21.79 and a 52 week high of $22.69. The company has a fifty day simple moving average of $22.24 and a two-hundred day simple moving average of $22.33.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.0686 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.