iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Hits New 1-Year Low – Time to Sell?

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI)’s stock price reached a new 52-week low on Thursday . The company traded as low as $21.97 and last traded at $21.9750, with a volume of 29326 shares changing hands. The stock had previously closed at $22.02.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

The firm’s 50 day moving average is $22.08 and its 200 day moving average is $22.17.

iShares iBonds Dec 2028 Term Treasury ETF Announces Dividend

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

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

A number of large investors have recently made changes to their positions in IBTI. United Capital Financial Advisors LLC boosted its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 63.9% in the 3rd quarter. United Capital Financial Advisors LLC now owns 797,841 shares of the company’s stock worth $17,860,000 after purchasing an additional 310,968 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in iShares iBonds Dec 2028 Term Treasury ETF by 34.4% during the 4th quarter. Integrated Wealth Concepts LLC now owns 588,449 shares of the company’s stock worth $13,161,000 after buying an additional 150,727 shares during the last quarter. Ameriprise Financial Inc. grew its stake in iShares iBonds Dec 2028 Term Treasury ETF by 70.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 371,121 shares of the company’s stock worth $8,290,000 after buying an additional 153,700 shares during the last quarter. NewEdge Advisors LLC increased its position in iShares iBonds Dec 2028 Term Treasury ETF by 3.8% during the 4th quarter. NewEdge Advisors LLC now owns 335,732 shares of the company’s stock valued at $7,509,000 after buying an additional 12,369 shares in the last quarter. Finally, Titleist Asset Management LLC increased its position in iShares iBonds Dec 2028 Term Treasury ETF by 0.8% during the 4th quarter. Titleist Asset Management LLC now owns 300,987 shares of the company’s stock valued at $6,732,000 after buying an additional 2,282 shares in the last quarter.

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.