69,870 Shares of iShares iBonds Dec 2028 Term Treasury ETF $IBTI Purchased by Peck Wealth Management LLC

Peck Wealth Management LLC acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) in the 3rd quarter, HoldingsChannel reports. The fund acquired 69,870 shares of the company’s stock, valued at approximately $1,531,000. iShares iBonds Dec 2028 Term Treasury ETF accounts for about 1.3% of Peck Wealth Management LLC’s holdings, making the stock its 27th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Rebalance LLC bought a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the 3rd quarter valued at about $10,687,000. Collaborative Fund Advisors LLC purchased a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the first quarter worth $3,209,000. Midwest Professional Planners LTD. boosted its position in iShares iBonds Dec 2028 Term Treasury ETF by 45.1% during the first quarter. Midwest Professional Planners LTD. now owns 118,833 shares of the company’s stock valued at $2,648,000 after purchasing an additional 36,944 shares in the last quarter. Basepoint Wealth LLC bought a new position 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 shares of iShares iBonds Dec 2028 Term Treasury ETF during the third quarter valued at about $394,000.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

NASDAQ:IBTI opened at $21.95 on Tuesday. iShares iBonds Dec 2028 Term Treasury ETF has a fifty-two week low of $21.83 and a fifty-two week high of $22.49. The company’s 50-day simple moving average is $21.96 and its 200-day simple moving average is $22.15.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

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

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.