Confluence Investment Management LLC Sells 71,982 Shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI)

Confluence Investment Management LLC decreased its position in shares of iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) by 10.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 610,084 shares of the company’s stock after selling 71,982 shares during the quarter. Confluence Investment Management LLC owned approximately 1.91% of iShares iBonds Dec 2028 Term Treasury ETF worth $13,363,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Janney Montgomery Scott LLC grew its holdings in shares of iShares iBonds Dec 2028 Term Treasury ETF by 1.7% during the third quarter. Janney Montgomery Scott LLC now owns 93,590 shares of the company’s stock worth $2,106,000 after purchasing an additional 1,609 shares during the last quarter. Boston Family Office LLC boosted its position in iShares iBonds Dec 2028 Term Treasury ETF by 11.5% during the 3rd quarter. Boston Family Office LLC now owns 75,559 shares of the company’s stock worth $1,700,000 after buying an additional 7,794 shares during the period. Integrated Wealth Concepts LLC grew its holdings in iShares iBonds Dec 2028 Term Treasury ETF by 45.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 73,145 shares of the company’s stock worth $1,646,000 after acquiring an additional 22,855 shares during the last quarter. Strategic Blueprint LLC increased its position in iShares iBonds Dec 2028 Term Treasury ETF by 67.6% in the 3rd quarter. Strategic Blueprint LLC now owns 39,507 shares of the company’s stock valued at $889,000 after acquiring an additional 15,929 shares during the period. Finally, Leavell Investment Management Inc. raised its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 94.1% during the third quarter. Leavell Investment Management Inc. now owns 39,018 shares of the company’s stock valued at $878,000 after acquiring an additional 18,918 shares during the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Price Performance

Shares of NASDAQ:IBTI traded down $0.01 during mid-day trading on Thursday, reaching $21.89. 21,353 shares of the company’s stock were exchanged, compared to its average volume of 175,763. iShares iBonds Dec 2028 Term Treasury ETF has a twelve month low of $21.47 and a twelve month high of $22.61. The business’s fifty day moving average price is $21.97 and its 200-day moving average price is $22.13.

iShares iBonds Dec 2028 Term Treasury ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.0676 per share. The ex-dividend date of this dividend was Wednesday, December 18th.

About iShares iBonds Dec 2028 Term Treasury ETF

The iShares iBonds Dec 2028 Term Treasury ETF (IBTI) is an exchange-traded fund that is based on the ICE 2028 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2028. The fund will terminate in December 2028. IBTI was launched on Feb 25, 2020 and is managed by BlackRock.