iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Sees Strong Trading Volume

Shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) saw strong trading volume on Tuesday . 199,414 shares were traded during trading, an increase of 38% from the previous session’s volume of 144,285 shares.The stock last traded at $22.35 and had previously closed at $22.30.

iShares iBonds Dec 2028 Term Treasury ETF Price Performance

The company has a 50 day moving average price of $21.98 and a 200 day moving average price of $21.86.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were issued a $0.0703 dividend. The ex-dividend date was Thursday, August 1st. This represents a $0.84 annualized dividend and a yield of 3.79%.

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

A number of large investors have recently modified their holdings of the company. Strategic Blueprint LLC boosted its stake in iShares iBonds Dec 2028 Term Treasury ETF by 17.2% during the 2nd quarter. Strategic Blueprint LLC now owns 23,578 shares of the company’s stock valued at $515,000 after purchasing an additional 3,458 shares during the last quarter. Transcend Capital Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 47.2% in the second quarter. Transcend Capital Advisors LLC now owns 279,598 shares of the company’s stock valued at $6,104,000 after purchasing an additional 89,673 shares in the last quarter. InterOcean Capital Group LLC boosted its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 123.7% during the first quarter. InterOcean Capital Group LLC now owns 1,009,848 shares of the company’s stock valued at $22,151,000 after buying an additional 558,368 shares during the last quarter. JDM Financial Group LLC grew its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 12.4% during the first quarter. JDM Financial Group LLC now owns 21,006 shares of the company’s stock worth $461,000 after buying an additional 2,315 shares in the last quarter. Finally, United Community Bank purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the 1st quarter valued at $143,000.

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.