iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Reaches New 12-Month Low – Time to Sell?

iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $21.92 and last traded at $21.93, with a volume of 734745 shares trading hands. The stock had previously closed at $21.93.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

The company’s 50-day moving average price is $22.06 and its two-hundred day moving average price is $22.14.

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 given a dividend of $0.0701 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 3.8%.

Institutional Trading of iShares iBonds Dec 2028 Term Treasury ETF

Large investors have recently bought and sold shares of the business. Reliant Wealth Planning lifted its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 0.7% in the 1st quarter. Reliant Wealth Planning now owns 92,278 shares of the company’s stock worth $2,056,000 after purchasing an additional 670 shares in the last quarter. Pinnacle Bancorp Inc. increased its stake in iShares iBonds Dec 2028 Term Treasury ETF by 4.3% during the 1st quarter. Pinnacle Bancorp Inc. now owns 16,163 shares of the company’s stock valued at $360,000 after purchasing an additional 671 shares in the last quarter. Towne Trust Company N.A increased its stake in iShares iBonds Dec 2028 Term Treasury ETF by 9.7% during the 1st quarter. Towne Trust Company N.A now owns 12,400 shares of the company’s stock valued at $276,000 after purchasing an additional 1,100 shares in the last quarter. Ascentis Independent Advisors acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF during the first quarter worth $33,000. Finally, Parallel Advisors LLC raised its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 2.4% during the first quarter. Parallel Advisors LLC now owns 142,903 shares of the company’s stock worth $3,184,000 after buying an additional 3,391 shares during the last quarter.

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.