Janney Montgomery Scott LLC Has $3.27 Million Holdings in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI)

Janney Montgomery Scott LLC increased its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) by 41.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 146,982 shares of the company’s stock after purchasing an additional 42,865 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares iBonds Dec 2028 Term Treasury ETF were worth $3,270,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. OLD Point Trust & Financial Services N A bought a new position in iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter valued at $25,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the 4th quarter valued at about $47,000. AllSquare Wealth Management LLC grew its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 69.5% during the 4th quarter. AllSquare Wealth Management LLC now owns 2,255 shares of the company’s stock worth $49,000 after buying an additional 925 shares during the period. Lowe Wealth Advisors LLC bought a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF during the first quarter worth approximately $119,000. Finally, Private Trust Co. NA lifted its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 77.6% in the fourth quarter. Private Trust Co. NA now owns 10,039 shares of the company’s stock valued at $220,000 after buying an additional 4,385 shares during the period.

iShares iBonds Dec 2028 Term Treasury ETF Stock Up 0.1%

Shares of IBTI stock opened at $22.30 on Wednesday. The firm’s 50 day moving average price is $22.22 and its two-hundred day moving average price is $22.09. iShares iBonds Dec 2028 Term Treasury ETF has a 52-week low of $21.68 and a 52-week high of $22.61.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were paid a $0.0743 dividend. This is a positive change from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, June 2nd. This represents a $0.89 annualized dividend and a yield of 4.00%.

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.