841,069 Shares of iShares iBonds Dec 2031 Term Treasury ETF $IBTL Bought by Confluence Investment Management LLC

Confluence Investment Management LLC bought a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 841,069 shares of the company’s stock, valued at approximately $16,376,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. McIlrath & Eck LLC bought a new position in iShares iBonds Dec 2031 Term Treasury ETF in the 1st quarter worth approximately $52,000. Montecito Bank & Trust boosted its position in shares of iShares iBonds Dec 2031 Term Treasury ETF by 14.0% in the first quarter. Montecito Bank & Trust now owns 29,601 shares of the company’s stock valued at $604,000 after acquiring an additional 3,631 shares during the period. Boston Family Office LLC grew its stake in shares of iShares iBonds Dec 2031 Term Treasury ETF by 10.8% in the fourth quarter. Boston Family Office LLC now owns 105,256 shares of the company’s stock worth $2,160,000 after acquiring an additional 10,227 shares during the last quarter. Janney Montgomery Scott LLC increased its position in iShares iBonds Dec 2031 Term Treasury ETF by 67.8% during the first quarter. Janney Montgomery Scott LLC now owns 149,914 shares of the company’s stock worth $3,058,000 after acquiring an additional 60,597 shares during the period. Finally, Parallel Advisors LLC increased its position in iShares iBonds Dec 2031 Term Treasury ETF by 15.7% during the fourth quarter. Parallel Advisors LLC now owns 170,382 shares of the company’s stock worth $3,497,000 after acquiring an additional 23,145 shares during the period.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

NASDAQ:IBTL traded down $0.01 during trading hours on Thursday, hitting $19.46. 123,225 shares of the company traded hands, compared to its average volume of 221,231. iShares iBonds Dec 2031 Term Treasury ETF has a twelve month low of $19.37 and a twelve month high of $20.81. The firm has a 50-day moving average of $19.85 and a 200 day moving average of $20.09.

iShares iBonds Dec 2031 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 given a dividend of $0.0656 per share. This is a decrease from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.0661. This represents a $0.79 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Thursday, October 1st.

iShares iBonds Dec 2031 Term Treasury ETF Company Profile

The iShares iBonds Dec 2031 Term Treasury ETF (IBTL) is an exchange-traded fund that is based on the ICE 2031 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2031. The fund will terminate in December 2031. IBTL was launched on Jul 13, 2021 and is managed by BlackRock.