Parallel Advisors LLC Acquires New Holdings in iShares iBonds Dec 2028 Term Treasury ETF $IBTI

Parallel Advisors LLC acquired a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 582,632 shares of the company’s stock, valued at approximately $12,765,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Rebalance LLC acquired a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the 3rd quarter valued at approximately $10,687,000. FCA Corp TX lifted its stake in iShares iBonds Dec 2028 Term Treasury ETF by 2.1% during the first 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 in the last quarter. Midwest Professional Planners LTD. lifted its stake in iShares iBonds Dec 2028 Term Treasury ETF by 45.1% during the first quarter. Midwest Professional Planners LTD. now owns 118,833 shares of the company’s stock worth $2,648,000 after purchasing an additional 36,944 shares in the last quarter. Hughes Financial Services LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the third quarter worth $2,467,000. Finally, Reliant Wealth Planning boosted its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 0.7% during the first quarter. Reliant Wealth Planning now owns 92,278 shares of the company’s stock worth $2,056,000 after buying an additional 670 shares during the period.

iShares iBonds Dec 2028 Term Treasury ETF Trading Down 0.0%

Shares of NASDAQ IBTI traded down $0.01 during trading on Friday, reaching $22.00. The stock had a trading volume of 594,176 shares, compared to its average volume of 479,983. iShares iBonds Dec 2028 Term Treasury ETF has a fifty-two week low of $21.83 and a fifty-two week high of $22.49. The business’s 50-day moving average price is $21.94 and its 200-day moving average price is $22.14.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were paid a dividend of $0.0709 per share. This represents a $0.85 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Monday, November 2nd. This is a positive change from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.0689.

iShares iBonds Dec 2028 Term Treasury ETF 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.