Montecito Bank & Trust Boosts Holdings in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI)

Montecito Bank & Trust lifted its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) by 180.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 38,664 shares of the company’s stock after buying an additional 24,870 shares during the period. Montecito Bank & Trust’s holdings in iShares iBonds Dec 2028 Term Treasury ETF were worth $860,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bank of Jackson Hole Trust purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter worth approximately $42,000. Bank of New York Mellon Corp boosted its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 11.2% in the fourth quarter. Bank of New York Mellon Corp now owns 13,117 shares of the company’s stock worth $287,000 after acquiring an additional 1,317 shares in the last quarter. Private Trust Co. NA grew its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 77.6% in the fourth quarter. Private Trust Co. NA now owns 10,039 shares of the company’s stock worth $220,000 after acquiring an additional 4,385 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter valued at $47,000. Finally, OLD Point Trust & Financial Services N A bought a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter valued at $25,000.

iShares iBonds Dec 2028 Term Treasury ETF Stock Down 0.0%

IBTI opened at $22.17 on Tuesday. The stock has a 50-day moving average price of $22.21 and a 200-day moving average price of $22.08. iShares iBonds Dec 2028 Term Treasury ETF has a 1 year low of $21.68 and a 1 year high of $22.61.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a $0.0743 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.07. This represents a $0.89 annualized dividend and a yield of 4.02%.

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.