Rebalance LLC Buys New Shares in iShares iBonds Dec 2028 Term Treasury ETF $IBTI

Rebalance LLC bought a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 487,765 shares of the company’s stock, valued at approximately $10,687,000. iShares iBonds Dec 2028 Term Treasury ETF accounts for about 0.6% of Rebalance LLC’s investment portfolio, making the stock its 21st biggest position.

Several other hedge funds and other institutional investors also recently bought and sold shares of IBTI. Pinnacle Bancorp Inc. bought a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the third quarter worth $394,000. Prime Capital Investment Advisors LLC bought a new position in iShares iBonds Dec 2028 Term Treasury ETF during the third quarter valued at $357,000. Parallel Advisors LLC increased its position in iShares iBonds Dec 2028 Term Treasury ETF by 2.4% during the first quarter. Parallel Advisors LLC now owns 142,903 shares of the company’s stock valued at $3,184,000 after acquiring an additional 3,391 shares during the last quarter. Reliant Wealth Planning raised its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 0.7% in the first quarter. Reliant Wealth Planning now owns 92,278 shares of the company’s stock valued at $2,056,000 after acquiring an additional 670 shares during the period. Finally, FCA Corp TX boosted its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 2.1% during the 1st quarter. FCA Corp TX now owns 224,296 shares of the company’s stock worth $4,998,000 after purchasing an additional 4,536 shares during the period.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

Shares of IBTI stock remained flat at $21.98 during trading hours on Friday. 518,484 shares of the company were exchanged, compared to its average volume of 472,872. iShares iBonds Dec 2028 Term Treasury ETF has a 52-week low of $21.83 and a 52-week high of $22.49. The stock’s 50-day moving average is $21.97 and its 200-day moving average is $22.08.

iShares iBonds Dec 2028 Term Treasury ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.0701 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $0.84 annualized dividend and a yield of 3.8%.

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.