iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Sees Large Volume Increase – Here’s Why

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) saw an uptick in trading volume on Monday . 1,093,080 shares traded hands during trading, an increase of 184% from the previous session’s volume of 385,175 shares.The stock last traded at $22.09 and had previously closed at $22.09.

iShares iBonds Dec 2028 Term Treasury ETF Trading Down 0.1%

The company has a fifty day moving average price of $22.13 and a two-hundred day moving average price of $22.26.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.0679 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. United Capital Financial Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 63.9% in the 3rd quarter. United Capital Financial Advisors LLC now owns 797,841 shares of the company’s stock worth $17,860,000 after acquiring an additional 310,968 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 34.4% during the 4th quarter. Integrated Wealth Concepts LLC now owns 588,449 shares of the company’s stock worth $13,161,000 after acquiring an additional 150,727 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 70.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 371,121 shares of the company’s stock valued at $8,290,000 after purchasing an additional 153,700 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 3.8% in the 4th quarter. NewEdge Advisors LLC now owns 335,732 shares of the company’s stock valued at $7,509,000 after purchasing an additional 12,369 shares in the last quarter. Finally, Titleist Asset Management LLC raised its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 0.8% in the 4th quarter. Titleist Asset Management LLC now owns 300,987 shares of the company’s stock valued at $6,732,000 after purchasing an additional 2,282 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.