iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Shares Down 0% – What’s Next?

Shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) traded down 0% on Monday . The company traded as low as $22.09 and last traded at $22.10. 331,407 shares changed hands during mid-day 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 Stock Down 0.0%

The company has a 50 day moving average price of $22.09 and a 200-day moving average price of $22.19.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IBTI. Ascentis Independent Advisors acquired a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the 1st quarter valued at approximately $33,000. Kohmann Bosshard Financial Services LLC acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF during the 4th quarter worth approximately $48,000. Advisory Services Network LLC bought a new position in iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter valued at approximately $269,000. High Note Wealth LLC lifted its stake in iShares iBonds Dec 2028 Term Treasury ETF by 820.0% in the 4th quarter. High Note Wealth LLC now owns 12,061 shares of the company’s stock valued at $270,000 after purchasing an additional 10,750 shares during the last quarter. Finally, Towne Trust Company N.A boosted its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 9.7% during the 1st quarter. Towne Trust Company N.A now owns 12,400 shares of the company’s stock valued at $276,000 after acquiring an additional 1,100 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.