iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Reaches New 52-Week High at $22.54

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) hit a new 52-week high on Friday . The stock traded as high as $22.54 and last traded at $22.52, with a volume of 189401 shares changing hands. The stock had previously closed at $22.45.

iShares iBonds Dec 2028 Term Treasury ETF Stock Up 0.3 %

The business has a 50-day moving average of $22.17 and a 200-day moving average of $21.91.

iShares iBonds Dec 2028 Term Treasury ETF Dividend Announcement

The business 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 Investors Weigh In On iShares iBonds Dec 2028 Term Treasury ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IBTI. Janney Montgomery Scott LLC increased its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 34.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 47,493 shares of the company’s stock worth $1,055,000 after buying an additional 12,245 shares during the last quarter. InterOcean Capital Group LLC acquired a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter valued at $10,030,000. Confluence Investment Management LLC bought a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the 1st quarter valued at about $9,840,000. United Community Bank acquired a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the 1st quarter worth about $143,000. Finally, JDM Financial Group LLC raised its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 12.4% in the 1st 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.

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.