Horizons Wealth Management Has $1.13 Million Stock Position in iShares iBonds Dec 2028 Term Treasury ETF $IBTI

Horizons Wealth Management increased its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) by 1,421.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 50,686 shares of the company’s stock after purchasing an additional 47,355 shares during the period. iShares iBonds Dec 2028 Term Treasury ETF accounts for approximately 0.7% of Horizons Wealth Management’s holdings, making the stock its 25th largest position. Horizons Wealth Management’s holdings in iShares iBonds Dec 2028 Term Treasury ETF were worth $1,134,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of IBTI. High Note Wealth LLC bought a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the 3rd quarter valued at $29,000. OLD Point Trust & Financial Services N A raised its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 166.7% in the third quarter. OLD Point Trust & Financial Services N A now owns 5,600 shares of the company’s stock valued at $125,000 after purchasing an additional 3,500 shares during the period. Prime Capital Investment Advisors LLC lifted its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 13.5% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 12,599 shares of the company’s stock worth $282,000 after buying an additional 1,494 shares during the last quarter. Opus Capital Group LLC acquired a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the 3rd quarter worth about $325,000. Finally, Crews Bank & Trust boosted its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 11.9% during the 3rd quarter. Crews Bank & Trust now owns 16,475 shares of the company’s stock worth $369,000 after buying an additional 1,750 shares during the period.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

Shares of IBTI opened at $22.26 on Friday. iShares iBonds Dec 2028 Term Treasury ETF has a 52 week low of $22.09 and a 52 week high of $22.49. The firm’s 50-day simple moving average is $22.36 and its 200 day simple moving average is $22.38.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.064 per share. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Monday, March 2nd.

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.