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

Shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) saw unusually-strong trading volume on Tuesday . 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 company’s fifty day moving average price is $21.93 and its 200-day moving average price is $22.13.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

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

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

Several large investors have recently modified their holdings of IBTI. Leavell Investment Management Inc. increased its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 46.2% in the 4th quarter. Leavell Investment Management Inc. now owns 57,046 shares of the company’s stock worth $1,250,000 after purchasing an additional 18,028 shares in the last quarter. Barrett & Company Inc. boosted its position in iShares iBonds Dec 2028 Term Treasury ETF by 53.9% in the fourth quarter. Barrett & Company Inc. now owns 14,865 shares of the company’s stock worth $326,000 after purchasing an additional 5,209 shares during the last quarter. Crews Bank & Trust purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the 4th quarter valued at about $289,000. OLD Second National Bank of Aurora bought a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter valued at about $40,000. Finally, Strategic Blueprint LLC lifted 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 acquiring an additional 745 shares in 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.