Confluence Investment Management LLC Raises Stake in iShares iBonds Dec 2031 Term Treasury ETF $IBTL

Confluence Investment Management LLC lifted its position in shares of iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) by 58.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 469,677 shares of the company’s stock after buying an additional 172,520 shares during the period. Confluence Investment Management LLC owned 2.13% of iShares iBonds Dec 2031 Term Treasury ETF worth $9,640,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of IBTL. CNB Bank acquired a new stake in iShares iBonds Dec 2031 Term Treasury ETF in the 3rd quarter worth about $136,000. Strategic Blueprint LLC acquired a new position in shares of iShares iBonds Dec 2031 Term Treasury ETF during the 3rd quarter valued at about $320,000. Montecito Bank & Trust acquired a new position in shares of iShares iBonds Dec 2031 Term Treasury ETF during the 3rd quarter valued at about $383,000. Leavell Investment Management Inc. lifted its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 69.7% during the 3rd quarter. Leavell Investment Management Inc. now owns 21,495 shares of the company’s stock worth $442,000 after acquiring an additional 8,830 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 3.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 26,370 shares of the company’s stock worth $536,000 after acquiring an additional 822 shares during the period.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

IBTL opened at $20.41 on Friday. iShares iBonds Dec 2031 Term Treasury ETF has a 1 year low of $19.93 and a 1 year high of $20.81. The company’s 50 day simple moving average is $20.55 and its 200 day simple moving average is $20.58.

iShares iBonds Dec 2031 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.0615 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.