Confluence Investment Management LLC Has $3.96 Million Position in iShares iBonds Dec 2029 Term Treasury ETF $IBTJ

Confluence Investment Management LLC cut its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) by 65.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 180,532 shares of the company’s stock after selling 340,468 shares during the period. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2029 Term Treasury ETF were worth $3,962,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. United Capital Financial Advisors LLC lifted its position in iShares iBonds Dec 2029 Term Treasury ETF by 65.5% in the 3rd quarter. United Capital Financial Advisors LLC now owns 805,137 shares of the company’s stock worth $17,677,000 after buying an additional 318,717 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of iShares iBonds Dec 2029 Term Treasury ETF by 713.5% in the third quarter. NewEdge Advisors LLC now owns 386,300 shares of the company’s stock worth $8,481,000 after acquiring an additional 338,814 shares during the last quarter. Rebalance LLC raised its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 17.3% during the third quarter. Rebalance LLC now owns 209,159 shares of the company’s stock worth $4,592,000 after acquiring an additional 30,874 shares in the last quarter. Strategic Blueprint LLC raised its holdings in shares of iShares iBonds Dec 2029 Term Treasury ETF by 395.7% during the third quarter. Strategic Blueprint LLC now owns 186,646 shares of the company’s stock worth $4,098,000 after acquiring an additional 148,992 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in iShares iBonds Dec 2029 Term Treasury ETF by 188.3% during the third quarter. Ameriprise Financial Inc. now owns 177,997 shares of the company’s stock valued at $3,890,000 after purchasing an additional 116,250 shares during the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

IBTJ opened at $21.75 on Friday. The stock has a fifty day moving average price of $21.95 and a 200 day moving average price of $21.96. iShares iBonds Dec 2029 Term Treasury ETF has a 1 year low of $21.53 and a 1 year high of $22.13.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.0626 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

The iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) is an exchange-traded fund that is based on the ICE 2029 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2029. The fund will terminate in December 2029. IBTJ was launched on Feb 25, 2020 and is managed by BlackRock.