Montecito Bank & Trust Takes Position in iShares iBonds Dec 2028 Term Treasury ETF $IBTI

Montecito Bank & Trust purchased a new position in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 57,596 shares of the company’s stock, valued at approximately $1,289,000. Montecito Bank & Trust owned approximately 0.11% of iShares iBonds Dec 2028 Term Treasury ETF at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Titleist Asset Management LLC raised its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 14.5% in the 2nd quarter. Titleist Asset Management LLC now owns 292,439 shares of the company’s stock worth $6,539,000 after purchasing an additional 37,050 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in iShares iBonds Dec 2028 Term Treasury ETF by 96.4% in the first quarter. Integrated Wealth Concepts LLC now owns 225,675 shares of the company’s stock worth $5,021,000 after buying an additional 110,774 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 27.6% in the second quarter. Janney Montgomery Scott LLC now owns 187,490 shares of the company’s stock valued at $4,192,000 after buying an additional 40,508 shares in the last quarter. Boston Family Office LLC lifted its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 36.0% during the 2nd quarter. Boston Family Office LLC now owns 180,163 shares of the company’s stock valued at $4,028,000 after acquiring an additional 47,668 shares during the last quarter. Finally, Rebalance LLC lifted its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 163.0% during the 2nd quarter. Rebalance LLC now owns 151,843 shares of the company’s stock valued at $3,395,000 after acquiring an additional 94,098 shares during the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

Shares of NASDAQ IBTI opened at $22.41 on Thursday. The stock’s fifty day simple moving average is $22.40 and its 200 day simple moving average is $22.33. iShares iBonds Dec 2028 Term Treasury ETF has a 52-week low of $21.75 and a 52-week high of $22.47.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were issued a dividend of $0.0684 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, December 1st.

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.