United Community Bank Buys New Holdings in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI)

United Community Bank acquired a new stake in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,530 shares of the company’s stock, valued at approximately $143,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Bogart Wealth LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the 4th quarter valued at about $76,000. Private Trust Co. NA acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter valued at approximately $126,000. WASHINGTON TRUST Co acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF in the first quarter valued at approximately $222,000. Strategic Blueprint LLC purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the 1st quarter worth approximately $441,000. Finally, Janney Montgomery Scott LLC increased its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 34.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 47,493 shares of the company’s stock valued at $1,055,000 after purchasing an additional 12,245 shares in the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Stock Up 0.0 %

IBTI stock traded up $0.01 during midday trading on Wednesday, hitting $21.88. 29,081 shares of the stock traded hands, compared to its average volume of 121,301. iShares iBonds Dec 2028 Term Treasury ETF has a 1-year low of $21.21 and a 1-year high of $22.32. The stock’s fifty day simple moving average is $21.75 and its 200-day simple moving average is $21.87.

iShares iBonds Dec 2028 Term Treasury ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were paid a $0.0722 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $0.87 annualized dividend and a dividend yield of 3.96%.

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.