Eldridge Investment Advisors Inc. Raises Holdings in iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE)

Eldridge Investment Advisors Inc. lifted its holdings in shares of iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) by 41.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 185,434 shares of the company’s stock after acquiring an additional 54,290 shares during the period. iShares iBonds Dec 2024 Term Treasury ETF makes up approximately 1.2% of Eldridge Investment Advisors Inc.’s investment portfolio, making the stock its 23rd largest holding. Eldridge Investment Advisors Inc. owned 0.15% of iShares iBonds Dec 2024 Term Treasury ETF worth $4,424,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. First Horizon Advisors Inc. purchased a new stake in shares of iShares iBonds Dec 2024 Term Treasury ETF during the fourth quarter worth about $90,000. Gould Asset Management LLC CA grew its stake in shares of iShares iBonds Dec 2024 Term Treasury ETF by 122.3% during the fourth quarter. Gould Asset Management LLC CA now owns 31,015 shares of the company’s stock worth $740,000 after acquiring an additional 17,060 shares during 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 acquiring an additional 21,162 shares during the last quarter. Archer Investment Corp grew its stake in shares of iShares iBonds Dec 2024 Term Treasury ETF by 130.4% during the fourth quarter. Archer Investment Corp now owns 151,364 shares of the company’s stock worth $3,612,000 after acquiring an additional 85,672 shares during the last quarter. Finally, Scissortail Wealth Management LLC grew its stake in shares of iShares iBonds Dec 2024 Term Treasury ETF by 2.4% during the fourth quarter. Scissortail Wealth Management LLC now owns 681,793 shares of the company’s stock worth $16,322,000 after acquiring an additional 15,763 shares during the last quarter.

iShares iBonds Dec 2024 Term Treasury ETF Price Performance

NASDAQ IBTE traded up $0.01 during trading hours on Thursday, reaching $23.88. The stock had a trading volume of 1,059,662 shares, compared to its average volume of 746,066. The stock has a fifty day moving average of $23.91 and a 200 day moving average of $23.88. iShares iBonds Dec 2024 Term Treasury ETF has a 52-week low of $23.71 and a 52-week high of $23.98.

iShares iBonds Dec 2024 Term Treasury ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be given a $0.0924 dividend. The ex-dividend date is Wednesday, May 1st. This represents a $1.11 dividend on an annualized basis and a yield of 4.64%.

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.