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

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) saw strong trading volume on Friday . 2,967,880 shares traded hands during mid-day trading, an increase of 1,618% from the previous session’s volume of 172,799 shares.The stock last traded at $21.98 and had previously closed at $22.01.

iShares iBonds Dec 2028 Term Treasury ETF Stock Down 0.2 %

The firm has a fifty day moving average price of $22.06 and a 200-day moving average price of $22.11.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were paid a dividend of $0.0706 per share. The ex-dividend date was Monday, December 2nd.

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

Institutional investors have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC boosted its position in iShares iBonds Dec 2028 Term Treasury ETF by 45.4% during the third quarter. Integrated Wealth Concepts LLC now owns 73,145 shares of the company’s stock valued at $1,646,000 after buying an additional 22,855 shares during the period. Boston Family Office LLC raised its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 11.5% during the third quarter. Boston Family Office LLC now owns 75,559 shares of the company’s stock valued at $1,700,000 after acquiring an additional 7,794 shares in the last quarter. Leavell Investment Management Inc. lifted its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 94.1% in the 3rd quarter. Leavell Investment Management Inc. now owns 39,018 shares of the company’s stock worth $878,000 after purchasing an additional 18,918 shares during the period. Confluence Investment Management LLC boosted its position in iShares iBonds Dec 2028 Term Treasury ETF by 52.8% during the 3rd quarter. Confluence Investment Management LLC now owns 682,066 shares of the company’s stock valued at $15,350,000 after acquiring an additional 235,642 shares in the last quarter. Finally, Cary Street Partners Asset Management LLC purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the third quarter worth $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.