Confluence Investment Management LLC Purchases 6,164 Shares of iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK)

Confluence Investment Management LLC grew its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF (NASDAQ:IBTK) by 1.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 399,627 shares of the company’s stock after acquiring an additional 6,164 shares during the quarter. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2030 Term Treasury ETF were worth $7,670,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Farther Finance Advisors LLC acquired a new position in shares of iShares iBonds Dec 2030 Term Treasury ETF during the 3rd quarter valued at $50,000. Waterloo Capital L.P. raised its holdings in shares of iShares iBonds Dec 2030 Term Treasury ETF by 30.9% during the second quarter. Waterloo Capital L.P. now owns 15,351 shares of the company’s stock valued at $296,000 after purchasing an additional 3,627 shares during the period. Integrated Wealth Concepts LLC grew its stake in shares of iShares iBonds Dec 2030 Term Treasury ETF by 7.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 26,534 shares of the company’s stock valued at $532,000 after buying an additional 1,812 shares during the period. Boston Family Office LLC increased its position in iShares iBonds Dec 2030 Term Treasury ETF by 7.5% in the 3rd quarter. Boston Family Office LLC now owns 72,192 shares of the company’s stock valued at $1,447,000 after buying an additional 5,027 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in iShares iBonds Dec 2030 Term Treasury ETF by 2.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 118,050 shares of the company’s stock worth $2,366,000 after buying an additional 2,352 shares during the period.

iShares iBonds Dec 2030 Term Treasury ETF Price Performance

Shares of iShares iBonds Dec 2030 Term Treasury ETF stock opened at $19.19 on Friday. iShares iBonds Dec 2030 Term Treasury ETF has a 52 week low of $18.84 and a 52 week high of $20.19. The stock has a 50 day moving average price of $19.35 and a two-hundred day moving average price of $19.59.

iShares iBonds Dec 2030 Term Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.0638 dividend. This represents a $0.77 annualized dividend and a yield of 3.99%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.