Bank of New York Mellon Corp Acquires 1,317 Shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI)

Bank of New York Mellon Corp increased its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) by 11.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,117 shares of the company’s stock after acquiring an additional 1,317 shares during the period. Bank of New York Mellon Corp’s holdings in iShares iBonds Dec 2028 Term Treasury ETF were worth $287,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Bank of Jackson Hole Trust acquired a new stake in iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter valued at approximately $42,000. Leavell Investment Management Inc. lifted its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 46.2% during the 4th quarter. Leavell Investment Management Inc. now owns 57,046 shares of the company’s stock worth $1,250,000 after buying an additional 18,028 shares during the period. Barrett & Company Inc. lifted its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 53.9% during the 4th quarter. Barrett & Company Inc. now owns 14,865 shares of the company’s stock worth $326,000 after buying an additional 5,209 shares during the period. Crews Bank & Trust acquired a new stake in iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter valued at $289,000. Finally, OLD Second National Bank of Aurora acquired a new position in iShares iBonds Dec 2028 Term Treasury ETF during the fourth quarter worth $40,000.

iShares iBonds Dec 2028 Term Treasury ETF Price Performance

Shares of NASDAQ IBTI opened at $22.24 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 business has a fifty day moving average of $22.04 and a two-hundred day moving average of $22.07.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.0667 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.