Ameriprise Financial Inc. Reduces Stock Position in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI)

Ameriprise Financial Inc. cut its stake in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) by 20.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 195,858 shares of the company’s stock after selling 49,145 shares during the period. Ameriprise Financial Inc. owned approximately 0.49% of iShares iBonds Dec 2028 Term Treasury ETF worth $4,290,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in IBTI. Janney Montgomery Scott LLC grew its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 11.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 104,117 shares of the company’s stock valued at $2,281,000 after purchasing an additional 10,527 shares in the last quarter. Heartland Bank & Trust Co grew its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 49.1% in the fourth quarter. Heartland Bank & Trust Co now owns 17,835 shares of the company’s stock valued at $391,000 after purchasing an additional 5,871 shares in the last quarter. Strategic Blueprint LLC grew its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 1.9% in the fourth quarter. Strategic Blueprint LLC now owns 40,252 shares of the company’s stock valued at $882,000 after purchasing an additional 745 shares in the last quarter. OLD Second National Bank of Aurora purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter valued at approximately $40,000. Finally, Crews Bank & Trust purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter valued at approximately $289,000.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

IBTI stock opened at $22.18 on Monday. The business has a 50 day simple moving average of $22.22 and a 200-day simple moving average of $22.06. iShares iBonds Dec 2028 Term Treasury ETF has a 1 year low of $21.58 and a 1 year high of $22.61.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were given a $0.0728 dividend. The ex-dividend date was Thursday, May 1st. This represents a $0.87 dividend on an annualized basis and a dividend yield of 3.94%.

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.