iShares iBonds Dec 2024 Term Treasury ETF (IBTE)
iShares iBonds Dec 2024 Term Treasury ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $23.87, down 0.04% on the session, giving a market capitalisation of $1.64B. Its beta of 0.15 implies it has historically moved less than the broad market.
This ETF is structured to commit a minimum of 80% of its capital to the constituent securities of its underlying index. Moreover, at least 90% of its portfolio will consist of U.S. Treasury securities specifically chosen by BFA for their expected ability to mirror the index's performance. The benchmark index itself is composed of publicly offered U.S. Treasury bonds, each with a scheduled maturity date falling within the period of January 1, 2024, to December 15, 2024, inclusive. This fund operates as a non-diversified investment vehicle.
iShares iBonds Dec 2024 Term Treasury ETF is most often compared with the following Financial Services names: