Prime Capital Investment Advisors LLC Invests $248,000 in iShares iBonds Dec 2028 Term Treasury ETF $IBTI

Prime Capital Investment Advisors LLC acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) in the 2nd quarter, HoldingsChannel reports. The firm acquired 11,105 shares of the company’s stock, valued at approximately $248,000.

Several other institutional investors also recently modified their holdings of the business. Scissortail Wealth Management LLC grew its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 24.1% in the first quarter. Scissortail Wealth Management LLC now owns 412,458 shares of the company’s stock valued at $9,177,000 after acquiring an additional 79,979 shares in the last quarter. Titleist Asset Management LLC bought a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the first quarter valued at approximately $5,682,000. Integrated Wealth Concepts LLC grew its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 96.4% in the first quarter. Integrated Wealth Concepts LLC now owns 225,675 shares of the company’s stock valued at $5,021,000 after acquiring an additional 110,774 shares in the last quarter. FCA Corp TX grew its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 0.5% in the first quarter. FCA Corp TX now owns 198,253 shares of the company’s stock valued at $4,411,000 after acquiring an additional 946 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 27.6% in the second quarter. Janney Montgomery Scott LLC now owns 187,490 shares of the company’s stock valued at $4,192,000 after acquiring an additional 40,508 shares in the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Stock Up 0.3%

IBTI stock opened at $22.40 on Monday. The business has a 50 day moving average of $22.36 and a 200-day moving average of $22.28. iShares iBonds Dec 2028 Term Treasury ETF has a 12-month low of $21.75 and a 12-month high of $22.46.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a $0.0707 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.8%.

iShares iBonds Dec 2028 Term Treasury ETF 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.