Confluence Investment Management LLC Acquires 310,328 Shares of iShares iBonds Dec 2030 Term Treasury ETF $IBTK

Confluence Investment Management LLC bought a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 310,328 shares of the company’s stock, valued at approximately $5,893,000. Confluence Investment Management LLC owned approximately 0.56% of iShares iBonds Dec 2030 Term Treasury ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Midwest Professional Planners LTD. raised its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 6.3% during the first quarter. Midwest Professional Planners LTD. now owns 10,900 shares of the company’s stock worth $215,000 after purchasing an additional 642 shares during the period. Heartland Bank & Trust Co grew its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 27.7% in the 1st quarter. Heartland Bank & Trust Co now owns 22,603 shares of the company’s stock valued at $446,000 after purchasing an additional 4,897 shares during the period. Reliant Wealth Planning increased its stake in iShares iBonds Dec 2030 Term Treasury ETF by 12.8% during the 1st quarter. Reliant Wealth Planning now owns 41,998 shares of the company’s stock worth $828,000 after purchasing an additional 4,779 shares in the last quarter. Hughes Financial Services LLC bought a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the 4th quarter worth approximately $2,150,000. Finally, Boston Family Office LLC raised its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 14.8% during the 4th quarter. Boston Family Office LLC now owns 115,375 shares of the company’s stock worth $2,290,000 after buying an additional 14,865 shares during the period.

iShares iBonds Dec 2030 Term Treasury ETF Stock Down 0.0%

Shares of iShares iBonds Dec 2030 Term Treasury ETF stock traded down $0.01 on Thursday, hitting $18.98. The company had a trading volume of 266,739 shares, compared to its average volume of 281,465. iShares iBonds Dec 2030 Term Treasury ETF has a twelve month low of $18.91 and a twelve month high of $20.07. The stock has a 50-day moving average of $19.28 and a 200-day moving average of $19.47.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 6th. Investors of record on Thursday, October 1st will be given a $0.0591 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $0.71 annualized dividend and a yield of 3.7%. This is a decrease from iShares iBonds Dec 2030 Term Treasury ETF’s previous monthly dividend of $0.0619.

iShares iBonds Dec 2030 Term Treasury ETF Profile

The iShares iBonds Dec 2030 Term Treasury ETF (IBTK) is an exchange-traded fund that is based on the ICE 2030 Maturity US Treasury index. The fund tracks a market value-weighted index of US Treasury bonds maturing between January and December 2030. The fund will terminate in December 2030. IBTK was launched on Jul 14, 2020 and is managed by BlackRock.