iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Sets New 1-Year High at $22.60

Shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) reached a new 52-week high during trading on Monday . The stock traded as high as $22.60 and last traded at $22.60, with a volume of 10777 shares. The stock had previously closed at $22.58.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

The firm’s 50 day simple moving average is $22.27 and its 200 day simple moving average is $21.94.

iShares iBonds Dec 2028 Term Treasury ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.0726 dividend. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IBTI. United Community Bank purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the 1st quarter valued at about $143,000. JDM Financial Group LLC boosted its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 12.4% during the first quarter. JDM Financial Group LLC now owns 21,006 shares of the company’s stock valued at $461,000 after purchasing an additional 2,315 shares during the period. Strategic Blueprint LLC increased its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 17.2% in the second quarter. Strategic Blueprint LLC now owns 23,578 shares of the company’s stock worth $515,000 after buying an additional 3,458 shares during the period. Janney Montgomery Scott LLC raised its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 34.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 47,493 shares of the company’s stock valued at $1,055,000 after buying an additional 12,245 shares during the last quarter. Finally, Transcend Capital Advisors LLC raised its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 47.2% during the 2nd quarter. Transcend Capital Advisors LLC now owns 279,598 shares of the company’s stock valued at $6,104,000 after buying an additional 89,673 shares during the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.