iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Declares $0.07 Dividend

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) announced a dividend on Thursday, March 28th, NASDAQ reports. Shareholders of record on Tuesday, April 2nd will be given a dividend of 0.0734 per share on Friday, April 5th. The ex-dividend date is Monday, April 1st.

iShares iBonds Dec 2028 Term Treasury ETF Price Performance

NASDAQ:IBTI traded down $0.05 on Friday, reaching $21.94. 49,303 shares of the company’s stock traded hands, compared to its average volume of 148,646. The stock has a 50-day simple moving average of $21.97 and a 200-day simple moving average of $21.83. iShares iBonds Dec 2028 Term Treasury ETF has a 12 month low of $21.21 and a 12 month high of $22.85.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Flow Traders U.S. LLC grew its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 10.2% during the fourth quarter. Flow Traders U.S. LLC now owns 12,970 shares of the company’s stock valued at $285,000 after purchasing an additional 1,205 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 18.9% during the third quarter. Integrated Wealth Concepts LLC now owns 14,638 shares of the company’s stock valued at $315,000 after purchasing an additional 2,323 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 27.7% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 26,123 shares of the company’s stock valued at $580,000 after purchasing an additional 5,667 shares in the last quarter. OLD Mission Capital LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter valued at about $224,000. Finally, Ameriprise Financial Inc. purchased a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the third quarter valued at about $586,000.

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.