Confluence Investment Management LLC Sells 30,736 Shares of iShares iBonds Dec 2030 Term Treasury ETF $IBTK

Confluence Investment Management LLC lowered its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) by 8.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 322,898 shares of the company’s stock after selling 30,736 shares during the quarter. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2030 Term Treasury ETF were worth $6,309,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Midwest Professional Planners LTD. lifted its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 6.3% during the 1st quarter. Midwest Professional Planners LTD. now owns 10,900 shares of the company’s stock worth $215,000 after acquiring an additional 642 shares during the last quarter. NewEdge Advisors LLC increased its stake in iShares iBonds Dec 2030 Term Treasury ETF by 5.3% in the first quarter. NewEdge Advisors LLC now owns 43,479 shares of the company’s stock valued at $855,000 after acquiring an additional 2,180 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in iShares iBonds Dec 2030 Term Treasury ETF in the fourth quarter valued at $49,000. Reliant Wealth Planning raised its position in iShares iBonds Dec 2030 Term Treasury ETF by 12.8% during the first quarter. Reliant Wealth Planning now owns 41,998 shares of the company’s stock valued at $828,000 after purchasing an additional 4,779 shares in the last quarter. Finally, Heartland Bank & Trust Co raised its position in iShares iBonds Dec 2030 Term Treasury ETF by 27.7% during the first quarter. Heartland Bank & Trust Co now owns 22,603 shares of the company’s stock valued at $446,000 after purchasing an additional 4,897 shares in the last quarter.

iShares iBonds Dec 2030 Term Treasury ETF Stock Up 0.3%

Shares of IBTK stock opened at $19.41 on Wednesday. The business has a 50-day moving average price of $19.47 and a two-hundred day moving average price of $19.65. iShares iBonds Dec 2030 Term Treasury ETF has a 12-month low of $19.34 and a 12-month high of $20.07.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 6th. Investors of record on Monday, August 3rd will be issued a dividend of $0.0603 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Monday, August 3rd.

iShares iBonds Dec 2030 Term Treasury ETF 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.