iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Trading Down 0% – Time to Sell?

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI)’s stock price dropped 0% on Monday . The stock traded as low as $22.09 and last traded at $22.10. 331,407 shares changed hands during trading, a decline of 19% from the average session volume of 408,415 shares. The stock had previously closed at $22.11.

iShares iBonds Dec 2028 Term Treasury ETF Trading Down 0.0%

The stock’s 50-day moving average is $22.09 and its two-hundred day moving average is $22.19.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were paid a $0.0694 dividend. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date was Monday, August 3rd. This is an increase from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.07.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. United Capital Financial Advisors LLC raised its position 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 valued at $17,860,000 after purchasing an additional 310,968 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 34.4% in the fourth quarter. Integrated Wealth Concepts LLC now owns 588,449 shares of the company’s stock valued at $13,161,000 after acquiring an additional 150,727 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in 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 in the last quarter. NewEdge Advisors LLC boosted its position in iShares iBonds Dec 2028 Term Treasury ETF by 3.8% during the fourth quarter. NewEdge Advisors LLC now owns 335,732 shares of the company’s stock worth $7,509,000 after acquiring an additional 12,369 shares during the last quarter. Finally, Titleist Asset Management LLC raised its holdings in 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 acquiring an additional 2,282 shares during 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.