iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Sees Strong Trading Volume – What’s Next?

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) shares saw unusually-strong trading volume on Tuesday . Approximately 354,089 shares were traded during trading, an increase of 40% from the previous session’s volume of 252,467 shares.The stock last traded at $21.97 and had previously closed at $21.99.

iShares iBonds Dec 2028 Term Treasury ETF Trading Up 0.1 %

The business has a 50-day moving average of $21.93 and a two-hundred day moving average of $22.13.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.0676 per share. The ex-dividend date was Wednesday, December 18th.

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

Institutional investors have recently made changes to their positions in the stock. Pinnacle Bancorp Inc. acquired a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the third quarter worth approximately $225,000. Heartland Bank & Trust Co bought a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the 3rd quarter valued at $269,000. Strategic Blueprint LLC lifted its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 67.6% in the third quarter. Strategic Blueprint LLC now owns 39,507 shares of the company’s stock valued at $889,000 after buying an additional 15,929 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 1.7% during the third quarter. Janney Montgomery Scott LLC now owns 93,590 shares of the company’s stock valued at $2,106,000 after buying an additional 1,609 shares during the last quarter. Finally, Cary Street Partners Asset Management LLC bought a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the 3rd quarter worth approximately $294,000.

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.