Cary Street Partners Asset Management LLC Invests $294,000 in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI)

Cary Street Partners Asset Management LLC bought a new stake in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 13,055 shares of the company’s stock, valued at approximately $294,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Janney Montgomery Scott LLC raised its position in 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 purchasing an additional 32,729 shares in the last quarter. JDM Financial Group LLC boosted its stake in iShares iBonds Dec 2028 Term Treasury ETF by 12.4% in the first quarter. JDM Financial Group LLC now owns 21,006 shares of the company’s stock worth $461,000 after buying an additional 2,315 shares in the last quarter. InterOcean Capital Group LLC grew its position in iShares iBonds Dec 2028 Term Treasury ETF by 123.7% during the first quarter. InterOcean Capital Group LLC now owns 1,009,848 shares of the company’s stock valued at $22,151,000 after acquiring an additional 558,368 shares during the last quarter. Transcend Capital Advisors LLC raised its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 47.2% during the second quarter. Transcend Capital Advisors LLC now owns 279,598 shares of the company’s stock worth $6,104,000 after acquiring an additional 89,673 shares in the last quarter. Finally, Strategic Blueprint LLC lifted its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 17.2% in the 2nd 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 last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Trading Down 0.0 %

Shares of IBTI stock opened at $21.99 on Wednesday. iShares iBonds Dec 2028 Term Treasury ETF has a fifty-two week low of $21.42 and a fifty-two week high of $22.61. The stock has a 50 day moving average price of $22.34 and a two-hundred day moving average price of $22.06.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be issued a dividend of $0.0729 per share. This is a positive change from iShares iBonds Dec 2028 Term Treasury ETF’s previous dividend of $0.07. The ex-dividend date is Friday, November 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.