Pinnacle Bancorp Inc. Sells 1,892 Shares of iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE)

Pinnacle Bancorp Inc. trimmed its stake in iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) by 47.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,086 shares of the company’s stock after selling 1,892 shares during the period. Pinnacle Bancorp Inc.’s holdings in iShares iBonds Dec 2024 Term Treasury ETF were worth $50,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. United Community Bank purchased a new stake in iShares iBonds Dec 2024 Term Treasury ETF during the 1st quarter valued at $48,000. American National Bank & Trust Co. VA bought a new position in iShares iBonds Dec 2024 Term Treasury ETF during the first quarter valued at $270,000. JDM Financial Group LLC raised its stake in shares of iShares iBonds Dec 2024 Term Treasury ETF by 12.4% in the first quarter. JDM Financial Group LLC now owns 19,093 shares of the company’s stock valued at $457,000 after acquiring an additional 2,104 shares during the period. Arkadios Wealth Advisors bought a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF in the 2nd quarter worth about $716,000. Finally, Montecito Bank & Trust boosted its stake in shares of iShares iBonds Dec 2024 Term Treasury ETF by 1.0% during the 2nd quarter. Montecito Bank & Trust now owns 46,649 shares of the company’s stock worth $1,119,000 after purchasing an additional 460 shares during the period.

iShares iBonds Dec 2024 Term Treasury ETF Price Performance

iShares iBonds Dec 2024 Term Treasury ETF stock opened at $23.94 on Friday. iShares iBonds Dec 2024 Term Treasury ETF has a 1-year low of $23.77 and a 1-year high of $24.01. The company’s 50-day moving average is $23.95 and its 200 day moving average is $23.93.

iShares iBonds Dec 2024 Term Treasury ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.1007 dividend. This is an increase from iShares iBonds Dec 2024 Term Treasury ETF’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.