iShares iBonds Dec 2033 Term Treasury ETF $IBTO Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC lowered its position in shares of iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) by 5.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 637,249 shares of the company’s stock after selling 39,615 shares during the period. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2033 Term Treasury ETF were worth $15,648,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in IBTO. CNB Bank purchased a new stake in shares of iShares iBonds Dec 2033 Term Treasury ETF in the third quarter valued at about $147,000. Thoroughbred Financial Services LLC raised its holdings in iShares iBonds Dec 2033 Term Treasury ETF by 159.9% during the third quarter. Thoroughbred Financial Services LLC now owns 32,306 shares of the company’s stock worth $796,000 after purchasing an additional 19,876 shares in the last quarter. United Capital Financial Advisors LLC raised its holdings in iShares iBonds Dec 2033 Term Treasury ETF by 43.5% during the third quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock worth $1,557,000 after purchasing an additional 19,157 shares in the last quarter. Ameriprise Financial Inc. acquired a new stake in iShares iBonds Dec 2033 Term Treasury ETF in the third quarter valued at about $2,554,000. Finally, Atlantic Union Bankshares Corp lifted its position in iShares iBonds Dec 2033 Term Treasury ETF by 14.1% in the third quarter. Atlantic Union Bankshares Corp now owns 1,063,289 shares of the company’s stock valued at $26,210,000 after purchasing an additional 131,429 shares during the period.

iShares iBonds Dec 2033 Term Treasury ETF Price Performance

Shares of IBTO opened at $24.43 on Friday. The stock’s 50 day moving average is $24.60 and its two-hundred day moving average is $24.67. iShares iBonds Dec 2033 Term Treasury ETF has a twelve month low of $23.75 and a twelve month high of $25.00.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.0758 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

About iShares iBonds Dec 2033 Term Treasury ETF

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.