iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) Reaches New 1-Year High at $23.97

iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $23.97 and last traded at $23.95, with a volume of 15087 shares. The stock had previously closed at $23.94.

iShares iBonds Dec 2024 Term Treasury ETF Trading Up 0.0 %

The stock has a 50-day moving average price of $23.92 and a 200 day moving average price of $23.90.

iShares iBonds Dec 2024 Term Treasury ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were given a dividend of $0.0927 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.65%. The ex-dividend date of this dividend was Monday, June 3rd.

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

Several institutional investors have recently added to or reduced their stakes in the stock. Captrust Financial Advisors increased its position in iShares iBonds Dec 2024 Term Treasury ETF by 12.4% in the 1st quarter. Captrust Financial Advisors now owns 21,426,891 shares of the company’s stock valued at $512,960,000 after acquiring an additional 2,356,332 shares during the period. Hills Bank & Trust Co increased its position in iShares iBonds Dec 2024 Term Treasury ETF by 27.0% during the 4th quarter. Hills Bank & Trust Co now owns 1,591,657 shares of the company’s stock worth $37,977,000 after purchasing an additional 338,367 shares during the period. InterOcean Capital Group LLC increased its position in iShares iBonds Dec 2024 Term Treasury ETF by 99.0% during the 4th quarter. InterOcean Capital Group LLC now owns 1,507,671 shares of the company’s stock worth $35,973,000 after purchasing an additional 749,991 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in iShares iBonds Dec 2024 Term Treasury ETF by 13.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 787,455 shares of the company’s stock worth $18,852,000 after purchasing an additional 92,188 shares during the period. Finally, Scissortail Wealth Management LLC increased its position in iShares iBonds Dec 2024 Term Treasury ETF by 2.4% during the 4th quarter. Scissortail Wealth Management LLC now owns 681,793 shares of the company’s stock worth $16,322,000 after purchasing an additional 15,763 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.