Janney Montgomery Scott LLC Has $6.40 Million Position in iShares iBonds Dec 2028 Term Treasury ETF $IBTI

Janney Montgomery Scott LLC boosted its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) by 19.5% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 287,213 shares of the company’s stock after purchasing an additional 46,768 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares iBonds Dec 2028 Term Treasury ETF were worth $6,400,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the 4th quarter valued at $48,000. Blue Square Asset Management LLC acquired a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter worth $250,000. Towne Trust Company N.A raised its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 101.8% during the fourth quarter. Towne Trust Company N.A now owns 11,300 shares of the company’s stock worth $253,000 after acquiring an additional 5,700 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter worth $269,000. Finally, High Note Wealth LLC boosted its position in iShares iBonds Dec 2028 Term Treasury ETF by 820.0% during the fourth quarter. High Note Wealth LLC now owns 12,061 shares of the company’s stock valued at $270,000 after purchasing an additional 10,750 shares during the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

Shares of NASDAQ IBTI opened at $22.09 on Friday. The business’s 50-day moving average price is $22.14 and its two-hundred day moving average price is $22.27. iShares iBonds Dec 2028 Term Treasury ETF has a one year low of $22.05 and a one year high of $22.49.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.0679 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Wednesday, July 1st.

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.