iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) Shares Sold by Archer Investment Corp

Archer Investment Corp lessened its holdings in iShares iBonds Dec 2024 Term Treasury ETF (NASDAQ:IBTE) by 1.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 162,019 shares of the company’s stock after selling 3,035 shares during the quarter. iShares iBonds Dec 2024 Term Treasury ETF makes up about 1.0% of Archer Investment Corp’s holdings, making the stock its 17th largest position. Archer Investment Corp owned 0.22% of iShares iBonds Dec 2024 Term Treasury ETF worth $3,888,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Kennebec Savings Bank purchased a new position in shares of iShares iBonds Dec 2024 Term Treasury ETF during the third quarter worth about $41,000. Janney Montgomery Scott LLC grew its holdings in shares of iShares iBonds Dec 2024 Term Treasury ETF by 0.5% during the third quarter. Janney Montgomery Scott LLC now owns 202,536 shares of the company’s stock worth $4,861,000 after purchasing an additional 954 shares during the last quarter. PSI Advisors LLC grew its holdings in shares of iShares iBonds Dec 2024 Term Treasury ETF by 2.2% during the third quarter. PSI Advisors LLC now owns 288,235 shares of the company’s stock worth $6,918,000 after purchasing an additional 6,173 shares during the last quarter. Eastern Bank purchased a new position in shares of iShares iBonds Dec 2024 Term Treasury ETF during the third quarter worth about $108,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of iShares iBonds Dec 2024 Term Treasury ETF by 16.5% during the second quarter. Farther Finance Advisors LLC now owns 65,206 shares of the company’s stock worth $1,558,000 after purchasing an additional 9,228 shares during the last quarter.

iShares iBonds Dec 2024 Term Treasury ETF Stock Performance

Shares of IBTE stock traded up $0.01 during mid-day trading on Friday, hitting $23.94. 62,352 shares of the stock were exchanged, compared to its average volume of 703,629. The stock’s fifty day simple moving average is $23.94 and its two-hundred day simple moving average is $23.94. iShares iBonds Dec 2024 Term Treasury ETF has a 12-month low of $23.79 and a 12-month high of $24.01.

iShares iBonds Dec 2024 Term Treasury ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a dividend of $0.1004 per share. The ex-dividend date of this dividend was Friday, November 1st.

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.