iShares iBonds Dec 2028 Term Treasury ETF $IBTI Position Increased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its position in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) by 19.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 287,213 shares of the company’s stock after acquiring an additional 46,768 shares during the period. Janney Montgomery Scott LLC owned about 0.39% of iShares iBonds Dec 2028 Term Treasury ETF worth $6,400,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Baird Financial Group Inc. lifted its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 86.8% in the 2nd quarter. Baird Financial Group Inc. now owns 124,018 shares of the company’s stock valued at $2,773,000 after acquiring an additional 57,628 shares in the last quarter. Parallel Advisors LLC grew its position in iShares iBonds Dec 2028 Term Treasury ETF by 9.3% during the 3rd quarter. Parallel Advisors LLC now owns 134,327 shares of the company’s stock worth $3,007,000 after purchasing an additional 11,436 shares in the last quarter. Ameriprise Financial Inc. raised its stake in iShares iBonds Dec 2028 Term Treasury ETF by 70.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 371,121 shares of the company’s stock valued at $8,290,000 after purchasing an additional 153,700 shares during the period. Hughes Financial Services LLC raised its stake in iShares iBonds Dec 2028 Term Treasury ETF by 4.4% during the 3rd quarter. Hughes Financial Services LLC now owns 99,147 shares of the company’s stock valued at $2,216,000 after purchasing an additional 4,152 shares during the period. Finally, Integrated Wealth Concepts LLC raised its stake in iShares iBonds Dec 2028 Term Treasury ETF by 28.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 437,722 shares of the company’s stock valued at $9,798,000 after purchasing an additional 97,565 shares during the period.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

IBTI opened at $22.09 on Friday. The stock has a fifty day moving average of $22.14 and a 200-day moving average of $22.27. iShares iBonds Dec 2028 Term Treasury ETF has a 12-month low of $22.05 and a 12-month high of $22.49.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be paid a $0.0679 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, July 1st.

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.