Hughes Financial Services LLC Makes New $2.47 Million Investment in iShares iBonds Dec 2028 Term Treasury ETF $IBTI

Hughes Financial Services LLC acquired a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 112,156 shares of the company’s stock, valued at approximately $2,467,000. Hughes Financial Services LLC owned 0.11% of iShares iBonds Dec 2028 Term Treasury ETF at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Midwest Professional Planners LTD. boosted its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 45.1% during the 1st quarter. Midwest Professional Planners LTD. now owns 118,833 shares of the company’s stock valued at $2,648,000 after purchasing an additional 36,944 shares in the last quarter. Rebalance LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the third quarter valued at about $10,687,000. Basepoint Wealth LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the first quarter valued at about $510,000. Peck Wealth Management LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the third quarter valued at about $1,531,000. Finally, Prime Capital Investment Advisors LLC bought a new position in iShares iBonds Dec 2028 Term Treasury ETF in the third quarter worth about $357,000.

iShares iBonds Dec 2028 Term Treasury ETF Price Performance

IBTI stock opened at $21.94 on Wednesday. iShares iBonds Dec 2028 Term Treasury ETF has a 1 year low of $21.83 and a 1 year high of $22.49. The firm has a 50-day moving average of $21.95 and a 200 day moving average of $22.14.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd will be issued a dividend of $0.0709 per share. This is a positive change from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.0689. The ex-dividend date is Monday, November 2nd. This represents a $0.85 dividend on an annualized basis and a dividend yield of 3.9%.

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.