Confluence Investment Management LLC Sells 24,919 Shares of iShares iBonds Dec 2027 Term Treasury ETF $IBTH

Confluence Investment Management LLC lowered its position in iShares iBonds Dec 2027 Term Treasury ETF (NASDAQ:IBTH) by 5.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 431,286 shares of the company’s stock after selling 24,919 shares during the period. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2027 Term Treasury ETF were worth $9,691,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IBTH. JPMorgan Chase & Co. purchased a new position in shares of iShares iBonds Dec 2027 Term Treasury ETF in the second quarter worth $343,000. Titleist Asset Management LLC raised its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 7.1% during the 2nd quarter. Titleist Asset Management LLC now owns 364,074 shares of the company’s stock valued at $8,188,000 after buying an additional 24,265 shares during the last quarter. Boston Family Office LLC boosted its position in iShares iBonds Dec 2027 Term Treasury ETF by 14.2% during the 2nd quarter. Boston Family Office LLC now owns 221,879 shares of the company’s stock valued at $4,990,000 after buying an additional 27,664 shares during the period. Baird Financial Group Inc. boosted its position in iShares iBonds Dec 2027 Term Treasury ETF by 50.5% during the 2nd quarter. Baird Financial Group Inc. now owns 178,831 shares of the company’s stock valued at $4,022,000 after buying an additional 60,039 shares during the period. Finally, Portland Global Advisors LLC grew its holdings in iShares iBonds Dec 2027 Term Treasury ETF by 7.0% in the 2nd quarter. Portland Global Advisors LLC now owns 114,149 shares of the company’s stock worth $2,567,000 after acquiring an additional 7,494 shares during the last quarter.

iShares iBonds Dec 2027 Term Treasury ETF Stock Performance

Shares of NASDAQ:IBTH opened at $22.41 on Friday. iShares iBonds Dec 2027 Term Treasury ETF has a 1 year low of $22.30 and a 1 year high of $22.57. The stock’s 50-day moving average is $22.47 and its 200 day moving average is $22.48.

iShares iBonds Dec 2027 Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.0644 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Monday, March 2nd.

iShares iBonds Dec 2027 Term Treasury ETF Company Profile

The iShares iBonds Dec 2027 Term Treasury ETF (IBTH) is an exchange-traded fund that is based on the ICE 2027 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2027. The fund will terminate in December 2027. IBTH was launched on Feb 25, 2020 and is managed by BlackRock.