Hughes Financial Services LLC Purchases 3,585 Shares of iShares iBonds Dec 2028 Term Treasury ETF $IBTI

Hughes Financial Services LLC boosted its position in shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) by 3.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 94,995 shares of the company’s stock after acquiring an additional 3,585 shares during the quarter. iShares iBonds Dec 2028 Term Treasury ETF makes up about 0.4% of Hughes Financial Services LLC’s portfolio, making the stock its 29th biggest position. Hughes Financial Services LLC’s holdings in iShares iBonds Dec 2028 Term Treasury ETF were worth $2,120,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the business. Baird Financial Group Inc. boosted its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 5.5% during the 1st quarter. Baird Financial Group Inc. now owns 66,390 shares of the company’s stock valued at $1,477,000 after acquiring an additional 3,482 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 27.6% during the second quarter. Janney Montgomery Scott LLC now owns 187,490 shares of the company’s stock valued at $4,192,000 after purchasing an additional 40,508 shares during the period. Titleist Asset Management LLC bought a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the first quarter worth about $5,682,000. Horizons Wealth Management increased its stake in iShares iBonds Dec 2028 Term Treasury ETF by 47.0% in the 2nd quarter. Horizons Wealth Management now owns 1,549 shares of the company’s stock worth $35,000 after buying an additional 495 shares during the period. Finally, Scissortail Wealth Management LLC lifted its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 24.1% during the 1st quarter. Scissortail Wealth Management LLC now owns 412,458 shares of the company’s stock valued at $9,177,000 after buying an additional 79,979 shares in the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Stock Performance

Shares of IBTI stock opened at $22.37 on Monday. The company’s 50-day simple moving average is $22.39 and its two-hundred day simple moving average is $22.30. iShares iBonds Dec 2028 Term Treasury ETF has a one year low of $21.75 and a one year high of $22.47.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were given a $0.0712 dividend. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, November 3rd. This is a boost from iShares iBonds Dec 2028 Term Treasury ETF’s previous monthly dividend of $0.07.

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.