iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Hits New 12-Month High – What’s Next?

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $22.48 and last traded at $22.4750, with a volume of 33388 shares trading hands. The stock had previously closed at $22.44.

iShares iBonds Dec 2028 Term Treasury ETF Trading Up 0.2%

The business’s fifty day moving average is $22.38 and its 200 day moving average is $22.38.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.069 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.7%.

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

Several hedge funds have recently bought and sold shares of the company. Reliant Wealth Planning boosted its position in iShares iBonds Dec 2028 Term Treasury ETF by 0.7% during the fourth quarter. Reliant Wealth Planning now owns 91,608 shares of the company’s stock worth $2,049,000 after purchasing an additional 616 shares in the last quarter. Cary Street Partners Financial LLC raised its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 3.1% during the 2nd quarter. Cary Street Partners Financial LLC now owns 41,917 shares of the company’s stock worth $937,000 after buying an additional 1,261 shares during the last quarter. High Note Wealth LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the 3rd quarter worth about $29,000. Opus Capital Group LLC grew its stake in iShares iBonds Dec 2028 Term Treasury ETF by 9.2% in the 4th quarter. Opus Capital Group LLC now owns 15,830 shares of the company’s stock valued at $354,000 after acquiring an additional 1,330 shares during the last quarter. Finally, Heartland Bank & Trust Co grew its stake in iShares iBonds Dec 2028 Term Treasury ETF by 7.7% in the 3rd quarter. Heartland Bank & Trust Co now owns 19,209 shares of the company’s stock valued at $430,000 after acquiring an additional 1,374 shares during the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

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.