United Community Bank Buys Shares of 1,996 iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE)

United Community Bank purchased a new position in shares of iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) during the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 1,996 shares of the company’s stock, valued at approximately $48,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. InterOcean Capital Group LLC boosted its position in iShares iBonds Dec 2024 Term Treasury ETF by 99.0% in the 4th quarter. InterOcean Capital Group LLC now owns 1,507,671 shares of the company’s stock valued at $35,973,000 after buying an additional 749,991 shares during the period. Mascoma Wealth Management LLC raised its holdings in iShares iBonds Dec 2024 Term Treasury ETF by 10.0% in the fourth quarter. Mascoma Wealth Management LLC now owns 15,103 shares of the company’s stock valued at $360,000 after acquiring an additional 1,373 shares in the last quarter. True Link Financial Advisors LLC raised its holdings in shares of iShares iBonds Dec 2024 Term Treasury ETF by 174.9% in the 4th quarter. True Link Financial Advisors LLC now owns 86,713 shares of the company’s stock valued at $2,069,000 after purchasing an additional 55,164 shares in the last quarter. PSI Advisors LLC grew its stake in shares of iShares iBonds Dec 2024 Term Treasury ETF by 27.4% during the fourth quarter. PSI Advisors LLC now owns 98,373 shares of the company’s stock worth $2,347,000 after purchasing an additional 21,162 shares in the last quarter. Finally, Eldridge Investment Advisors Inc. raised its stake in iShares iBonds Dec 2024 Term Treasury ETF by 41.4% in the fourth quarter. Eldridge Investment Advisors Inc. now owns 185,434 shares of the company’s stock valued at $4,424,000 after buying an additional 54,290 shares in the last quarter.

iShares iBonds Dec 2024 Term Treasury ETF Price Performance

Shares of NASDAQ IBTE traded up $0.01 during midday trading on Wednesday, hitting $23.92. 40,183 shares of the company’s stock were exchanged, compared to its average volume of 627,043. The firm’s fifty day simple moving average is $23.92 and its 200-day simple moving average is $23.91. iShares iBonds Dec 2024 Term Treasury ETF has a twelve month low of $23.73 and a twelve month high of $23.98.

iShares iBonds Dec 2024 Term Treasury ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were issued a $0.0939 dividend. This represents a $1.13 annualized dividend and a dividend yield of 4.71%. The ex-dividend date of this dividend was Monday, July 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.