Hughes Financial Services LLC Acquires 112,156 Shares of iShares iBonds Dec 2028 Term Treasury ETF $IBTI

Hughes Financial Services LLC bought a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) during the third quarter, HoldingsChannel reports. The firm bought 112,156 shares of the company’s stock, valued at approximately $2,467,000.

A number of other hedge funds have also recently modified their holdings of IBTI. Rebalance LLC bought a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the 3rd quarter worth about $10,687,000. Peck Wealth Management LLC bought a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the third quarter worth about $1,531,000. Midwest Professional Planners LTD. grew its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 45.1% in the first quarter. Midwest Professional Planners LTD. now owns 118,833 shares of the company’s stock worth $2,648,000 after purchasing an additional 36,944 shares during the period. Basepoint Wealth LLC purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the first quarter worth about $510,000. Finally, Pinnacle Bancorp Inc. purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the third quarter worth about $394,000.

iShares iBonds Dec 2028 Term Treasury ETF Trading Down 0.0%

IBTI stock opened at $21.94 on Wednesday. The firm has a 50 day moving average price of $21.95 and a 200-day moving average price of $22.14. iShares iBonds Dec 2028 Term Treasury ETF has a 52-week low of $21.83 and a 52-week high of $22.49.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be paid a $0.0709 dividend. This represents a $0.85 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Monday, November 2nd. This is an increase from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.0689.

iShares iBonds Dec 2028 Term Treasury ETF 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.