1,019,464 Shares of iShares iBonds Dec 2035 Term Treasury ETF $IBTQ Bought by Confluence Investment Management LLC

Confluence Investment Management LLC bought a new position in shares of iShares iBonds Dec 2035 Term Treasury ETF (NASDAQ:IBTQ) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,019,464 shares of the company’s stock, valued at approximately $24,087,000. Confluence Investment Management LLC owned 9.53% of iShares iBonds Dec 2035 Term Treasury ETF at the end of the most recent reporting period.

Separately, Atlantic Private Wealth LLC raised its stake in shares of iShares iBonds Dec 2035 Term Treasury ETF by 200.1% during the second quarter. Atlantic Private Wealth LLC now owns 62,095 shares of the company’s stock valued at $1,558,000 after acquiring an additional 41,406 shares during the last quarter.

iShares iBonds Dec 2035 Term Treasury ETF Price Performance

Shares of NASDAQ:IBTQ traded up $0.02 during mid-day trading on Thursday, reaching $23.65. 34,789 shares of the company’s stock were exchanged, compared to its average volume of 72,294. The business’s fifty day moving average price is $24.42 and its 200-day moving average price is $24.84. iShares iBonds Dec 2035 Term Treasury ETF has a twelve month low of $23.48 and a twelve month high of $25.99.

iShares iBonds Dec 2035 Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st will be issued a dividend of $0.0818 per share. This represents a $0.98 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Thursday, October 1st. This is a drop from iShares iBonds Dec 2035 Term Treasury ETF’s previous monthly dividend of $0.0861.

About iShares iBonds Dec 2035 Term Treasury ETF

iShares Trust – iShares iBonds Dec 2035 Term Treasury ETF is an exchange traded fund launched by BlackRock, Inc The fund is managed by BlackRock Fund Advisors. It invests in fixed income markets of the United States. The fund invests in in U.S. treasury bonds that have a fixed coupon schedule and are denominated in U.S. dollars. It invests in bonds that will mature between January 1, 2035 and December 15, 2035. The fund seeks to track the performance of the ICE 2035 Maturity US Treasury Index, by using representative sampling technique.