iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) saw unusually-high trading volume on Tuesday . Approximately 404,737 shares were traded during trading, an increase of 176% from the previous session’s volume of 146,862 shares.The stock last traded at $22.17 and had previously closed at $22.18.

iShares iBonds Dec 2028 Term Treasury ETF Trading Down 0.1 %

The company has a fifty day moving average of $22.40 and a two-hundred day moving average of $22.02.

iShares iBonds Dec 2028 Term Treasury ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.0726 dividend. The ex-dividend date was Tuesday, September 3rd.

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

Hedge funds have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 68.9% during the first quarter. Janney Montgomery Scott LLC now owns 80,222 shares of the company’s stock valued at $1,760,000 after buying an additional 32,729 shares during the period. Strategic Blueprint LLC lifted its stake in iShares iBonds Dec 2028 Term Treasury ETF by 17.2% in the second quarter. Strategic Blueprint LLC now owns 23,578 shares of the company’s stock worth $515,000 after acquiring an additional 3,458 shares during the period. Pinnacle Bancorp Inc. bought a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the 3rd quarter valued at $225,000. JDM Financial Group LLC increased its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 12.4% in the 1st quarter. JDM Financial Group LLC now owns 21,006 shares of the company’s stock valued at $461,000 after acquiring an additional 2,315 shares during the period. Finally, United Community Bank bought a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the 1st quarter worth $143,000.

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.