iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Reaches New 52-Week Low – Should You Sell?

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as $22.10 and last traded at $22.10, with a volume of 37963 shares trading hands. The stock had previously closed at $22.13.

iShares iBonds Dec 2028 Term Treasury ETF Stock Down 0.0%

The firm’s fifty day moving average price is $22.24 and its 200-day moving average price is $22.33.

iShares iBonds Dec 2028 Term Treasury ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.068 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%.

Institutional Investors Weigh In On iShares iBonds Dec 2028 Term Treasury ETF

Institutional investors have recently modified their holdings of the stock. Horizons Wealth Management lifted its position in iShares iBonds Dec 2028 Term Treasury ETF by 1,421.6% during the 4th quarter. Horizons Wealth Management now owns 50,686 shares of the company’s stock worth $1,134,000 after acquiring an additional 47,355 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in iShares iBonds Dec 2028 Term Treasury ETF by 28.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 437,722 shares of the company’s stock worth $9,798,000 after acquiring an additional 97,565 shares during the last quarter. Thoroughbred Financial Services LLC lifted its position in iShares iBonds Dec 2028 Term Treasury ETF by 22.7% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 161,909 shares of the company’s stock worth $3,624,000 after acquiring an additional 29,909 shares during the last quarter. Rebalance LLC lifted its position in iShares iBonds Dec 2028 Term Treasury ETF by 47.9% during the 4th quarter. Rebalance LLC now owns 264,893 shares of the company’s stock worth $5,924,000 after acquiring an additional 85,759 shares during the last quarter. Finally, Montecito Bank & Trust lifted its position in iShares iBonds Dec 2028 Term Treasury ETF by 5.9% during the 4th quarter. Montecito Bank & Trust now owns 60,966 shares of the company’s stock worth $1,364,000 after acquiring an additional 3,370 shares during the last quarter.

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.