Exchange Capital Management Inc. Acquires New Holdings in iShares iBonds Dec 2028 Term Treasury ETF $IBTI

Exchange Capital Management Inc. bought a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 11,179 shares of the company’s stock, valued at approximately $250,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IBTI. Horizons Wealth Management lifted its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 47.0% during the second quarter. Horizons Wealth Management now owns 1,549 shares of the company’s stock worth $35,000 after purchasing an additional 495 shares during the period. Mascoma Wealth Management LLC bought a new position in iShares iBonds Dec 2028 Term Treasury ETF during the 1st quarter worth $44,000. AllSquare Wealth Management LLC raised its position in iShares iBonds Dec 2028 Term Treasury ETF by 36.3% during the 1st quarter. AllSquare Wealth Management LLC now owns 3,073 shares of the company’s stock worth $68,000 after purchasing an additional 818 shares during the last quarter. Bank of Jackson Hole Trust lifted its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 73.2% during the 1st quarter. Bank of Jackson Hole Trust now owns 3,314 shares of the company’s stock worth $74,000 after buying an additional 1,401 shares during the period. Finally, Crews Bank & Trust grew its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 8.1% in the 1st quarter. Crews Bank & Trust now owns 14,275 shares of the company’s stock valued at $318,000 after buying an additional 1,070 shares during the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

Shares of IBTI opened at $22.35 on Friday. iShares iBonds Dec 2028 Term Treasury ETF has a 1 year low of $21.75 and a 1 year high of $22.46. The business has a 50-day moving average of $22.35 and a 200-day moving average of $22.27.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be issued a dividend of $0.0707 per share. The ex-dividend date is Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.8%.

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.