Confluence Investment Management LLC Purchases 6,164 Shares of iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK)

Confluence Investment Management LLC lifted its position in shares of iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 399,627 shares of the company’s stock after acquiring an additional 6,164 shares during the quarter. Confluence Investment Management LLC owned approximately 2.76% of iShares iBonds Dec 2030 Term Treasury ETF worth $7,670,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC acquired a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF during the third quarter valued at about $50,000. Waterloo Capital L.P. boosted its position in iShares iBonds Dec 2030 Term Treasury ETF by 30.9% during the 2nd quarter. Waterloo Capital L.P. now owns 15,351 shares of the company’s stock worth $296,000 after buying an additional 3,627 shares during the period. Integrated Wealth Concepts LLC grew its holdings in iShares iBonds Dec 2030 Term Treasury ETF by 7.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 26,534 shares of the company’s stock worth $532,000 after acquiring an additional 1,812 shares during the last quarter. Boston Family Office LLC increased its position in iShares iBonds Dec 2030 Term Treasury ETF by 7.5% in the 3rd quarter. Boston Family Office LLC now owns 72,192 shares of the company’s stock valued at $1,447,000 after acquiring an additional 5,027 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 2.0% during the third quarter. Janney Montgomery Scott LLC now owns 118,050 shares of the company’s stock valued at $2,366,000 after acquiring an additional 2,352 shares during the last quarter.

iShares iBonds Dec 2030 Term Treasury ETF Stock Performance

NASDAQ IBTK opened at $19.19 on Friday. iShares iBonds Dec 2030 Term Treasury ETF has a twelve month low of $18.84 and a twelve month high of $20.19. The stock has a fifty day simple moving average of $19.35 and a 200 day simple moving average of $19.59.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.0638 per share. This represents a $0.77 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares iBonds Dec 2030 Term Treasury ETF Company 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.