310,328 Shares in iShares iBonds Dec 2030 Term Treasury ETF $IBTK Purchased by Confluence Investment Management LLC

Confluence Investment Management LLC acquired a new stake in iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) during the third quarter, Holdings Channel reports. The institutional investor acquired 310,328 shares of the company’s stock, valued at approximately $5,893,000.

A number of other institutional investors have also made changes to their positions in the business. Heartland Bank & Trust Co bought a new stake in iShares iBonds Dec 2030 Term Treasury ETF during the 2nd quarter worth about $4,286,000. NewEdge Advisors LLC grew its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 6.6% in the 1st quarter. NewEdge Advisors LLC now owns 500,133 shares of the company’s stock valued at $9,863,000 after acquiring an additional 30,944 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 62.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 188,443 shares of the company’s stock valued at $3,716,000 after acquiring an additional 72,374 shares in the last quarter. Hughes Financial Services LLC acquired a new stake in shares of iShares iBonds Dec 2030 Term Treasury ETF in the fourth quarter valued at about $2,150,000. Finally, Parallel Advisors LLC increased its position in shares of iShares iBonds Dec 2030 Term Treasury ETF by 9.5% in the fourth quarter. Parallel Advisors LLC now owns 166,406 shares of the company’s stock valued at $3,302,000 after acquiring an additional 14,388 shares during the last quarter.

iShares iBonds Dec 2030 Term Treasury ETF Stock Performance

IBTK traded down $0.01 on Thursday, hitting $18.98. 266,739 shares of the company were exchanged, compared to its average volume of 281,465. The stock’s fifty day moving average is $19.28 and its 200-day moving average is $19.47. iShares iBonds Dec 2030 Term Treasury ETF has a 12 month low of $18.91 and a 12 month high of $20.07.

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. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.0591 per share. The ex-dividend date is Thursday, October 1st. This represents a $0.71 dividend on an annualized basis and a dividend 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 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.