iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Sets New 12-Month High at $22.60

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

iShares iBonds Dec 2028 Term Treasury ETF Stock Up 0.0 %

The company has a 50 day moving average of $22.25 and a 200 day moving average of $21.93.

iShares iBonds Dec 2028 Term Treasury ETF Dividend Announcement

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

Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. United Community Bank bought a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the first quarter valued at $143,000. JDM Financial Group LLC lifted its position in iShares iBonds Dec 2028 Term Treasury ETF by 12.4% in the first quarter. JDM Financial Group LLC now owns 21,006 shares of the company’s stock worth $461,000 after purchasing an additional 2,315 shares during the period. Strategic Blueprint LLC boosted its stake in iShares iBonds Dec 2028 Term Treasury ETF by 17.2% during the 2nd quarter. Strategic Blueprint LLC now owns 23,578 shares of the company’s stock valued at $515,000 after purchasing an additional 3,458 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of 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 purchasing an additional 12,245 shares during the period. Finally, Transcend Capital Advisors LLC raised its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 47.2% in the 2nd quarter. Transcend Capital Advisors LLC now owns 279,598 shares of the company’s stock worth $6,104,000 after buying an additional 89,673 shares in the last quarter.

About iShares iBonds Dec 2028 Term Treasury ETF

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.