Cary Street Partners Asset Management LLC Buys 457 Shares of iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE)

Cary Street Partners Asset Management LLC grew its position in iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) by 1.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,019 shares of the company’s stock after acquiring an additional 457 shares during the period. Cary Street Partners Asset Management LLC’s holdings in iShares iBonds Dec 2024 Term Treasury ETF were worth $667,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Pinnacle Bancorp Inc. bought a new position in shares of iShares iBonds Dec 2024 Term Treasury ETF during the 2nd quarter worth approximately $50,000. Archer Investment Corp boosted its position in iShares iBonds Dec 2024 Term Treasury ETF by 357.7% during the first quarter. Archer Investment Corp now owns 3,364 shares of the company’s stock worth $81,000 after purchasing an additional 2,629 shares during the period. WealthPLAN Partners LLC acquired a new position in shares of iShares iBonds Dec 2024 Term Treasury ETF in the first quarter valued at $169,000. Gould Asset Management LLC CA raised its position in shares of iShares iBonds Dec 2024 Term Treasury ETF by 5.1% in the second quarter. Gould Asset Management LLC CA now owns 14,735 shares of the company’s stock valued at $351,000 after purchasing an additional 710 shares during the period. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares iBonds Dec 2024 Term Treasury ETF in the first quarter valued at about $369,000.

iShares iBonds Dec 2024 Term Treasury ETF Price Performance

Shares of IBTE remained flat at $23.86 during trading hours on Friday. 732,724 shares of the stock traded hands, compared to its average volume of 671,794. iShares iBonds Dec 2024 Term Treasury ETF has a 52 week low of $23.66 and a 52 week high of $24.13. The stock has a 50 day moving average price of $23.81 and a two-hundred day moving average price of $23.81.

iShares iBonds Dec 2024 Term Treasury ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 7th. Stockholders of record on Thursday, November 2nd were given a $0.088 dividend. This represents a $1.06 dividend on an annualized basis and a dividend yield of 4.43%. The ex-dividend date of this dividend was Wednesday, November 1st. This is a boost from iShares iBonds Dec 2024 Term Treasury ETF’s previous monthly dividend of $0.08.

iShares iBonds Dec 2024 Term Treasury ETF 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.