iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Hits New 12-Month Low – Here’s What Happened

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTIGet Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $21.91 and last traded at $21.92, with a volume of 432201 shares trading hands. The stock had previously closed at $21.92.

iShares iBonds Dec 2028 Term Treasury ETF Stock Down 0.2%

The business has a fifty day moving average of $22.04 and a 200-day moving average of $22.13.

iShares iBonds Dec 2028 Term Treasury ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a $0.0701 dividend. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Tuesday, September 1st.

Hedge Funds Weigh In On iShares iBonds Dec 2028 Term Treasury ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Reliant Wealth Planning raised its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 0.7% in the 1st quarter. Reliant Wealth Planning now owns 92,278 shares of the company’s stock valued at $2,056,000 after purchasing an additional 670 shares in the last quarter. Pinnacle Bancorp Inc. boosted its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 4.3% during the first quarter. Pinnacle Bancorp Inc. now owns 16,163 shares of the company’s stock valued at $360,000 after purchasing an additional 671 shares in the last quarter. Towne Trust Company N.A increased its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 9.7% during the first quarter. Towne Trust Company N.A now owns 12,400 shares of the company’s stock valued at $276,000 after buying an additional 1,100 shares during the period. Ascentis Independent Advisors bought a new position in iShares iBonds Dec 2028 Term Treasury ETF in the first quarter worth approximately $33,000. Finally, Parallel Advisors LLC raised its stake in iShares iBonds Dec 2028 Term Treasury ETF by 2.4% in the first quarter. Parallel Advisors LLC now owns 142,903 shares of the company’s stock worth $3,184,000 after buying an additional 3,391 shares in the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

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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.

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