iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) Shares Purchased by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC increased its holdings in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) by 91.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 65,373 shares of the company’s stock after buying an additional 31,254 shares during the quarter. United Capital Financial Advisors LLC’s holdings in iShares iBonds Dec 2028 Term Treasury ETF were worth $1,432,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. OLD Point Trust & Financial Services N A purchased a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the fourth quarter valued at approximately $25,000. OLD Second National Bank of Aurora acquired a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter valued at $40,000. PSI Advisors LLC purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter worth $42,000. Bank of Jackson Hole Trust acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter worth $42,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter valued at $47,000.

iShares iBonds Dec 2028 Term Treasury ETF Price Performance

IBTI stock opened at $22.28 on Friday. iShares iBonds Dec 2028 Term Treasury ETF has a 52 week low of $21.47 and a 52 week high of $22.61. The firm has a 50-day simple moving average of $22.14 and a 200-day simple moving average of $22.04.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were given a $0.0752 dividend. This represents a $0.90 annualized dividend and a dividend yield of 4.05%. The ex-dividend date was Tuesday, April 1st. This is an increase from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.07.

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.