Confluence Investment Management LLC Has $13.36 Million Holdings in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI)

Confluence Investment Management LLC lowered its position in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) by 10.6% during the fourth quarter, Holdings Channel reports. The firm owned 610,084 shares of the company’s stock after selling 71,982 shares during the period. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2028 Term Treasury ETF were worth $13,363,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Integrated Wealth Concepts LLC increased its position in shares of iShares iBonds Dec 2028 Term Treasury ETF by 45.4% during the third quarter. Integrated Wealth Concepts LLC now owns 73,145 shares of the company’s stock worth $1,646,000 after buying an additional 22,855 shares during the period. Boston Family Office LLC boosted its position in iShares iBonds Dec 2028 Term Treasury ETF by 11.5% during the third quarter. Boston Family Office LLC now owns 75,559 shares of the company’s stock valued at $1,700,000 after acquiring an additional 7,794 shares during the last quarter. Leavell Investment Management Inc. grew its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 94.1% during the 3rd quarter. Leavell Investment Management Inc. now owns 39,018 shares of the company’s stock worth $878,000 after acquiring an additional 18,918 shares during the period. Cary Street Partners Asset Management LLC bought a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF in the 3rd quarter worth about $294,000. Finally, Janney Montgomery Scott LLC lifted its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 1.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 93,590 shares of the company’s stock valued at $2,106,000 after purchasing an additional 1,609 shares during the period.

iShares iBonds Dec 2028 Term Treasury ETF Trading Down 0.0 %

NASDAQ IBTI traded down $0.01 during trading hours on Thursday, hitting $21.89. 21,353 shares of the company’s stock were exchanged, compared to its average volume of 175,763. The stock has a 50-day simple moving average of $21.97 and a 200 day simple moving average of $22.13. iShares iBonds Dec 2028 Term Treasury ETF has a 1-year low of $21.47 and a 1-year high of $22.61.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.0676 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares iBonds Dec 2028 Term Treasury ETF Company Profile

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.