Confluence Investment Management LLC Sells 104,310 Shares of iShares iBonds Dec 2031 Term Treasury ETF $IBTL

Confluence Investment Management LLC lowered its stake in iShares iBonds Dec 2031 Term Treasury ETF (NASDAQ:IBTL) by 8.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,098,504 shares of the company’s stock after selling 104,310 shares during the period. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2031 Term Treasury ETF were worth $22,179,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares iBonds Dec 2031 Term Treasury ETF during the fourth quarter valued at approximately $38,000. McIlrath & Eck LLC bought a new stake in shares of iShares iBonds Dec 2031 Term Treasury ETF in the 1st quarter valued at approximately $52,000. Bogart Wealth LLC boosted its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 62.6% in the 4th quarter. Bogart Wealth LLC now owns 3,591 shares of the company’s stock worth $74,000 after purchasing an additional 1,383 shares during the period. Titleist Asset Management LLC purchased a new position in shares of iShares iBonds Dec 2031 Term Treasury ETF in the 4th quarter worth approximately $304,000. Finally, Reliant Wealth Planning boosted its holdings in shares of iShares iBonds Dec 2031 Term Treasury ETF by 16.8% in the 4th quarter. Reliant Wealth Planning now owns 16,898 shares of the company’s stock worth $347,000 after purchasing an additional 2,428 shares during the period.

iShares iBonds Dec 2031 Term Treasury ETF Price Performance

NASDAQ IBTL opened at $19.95 on Tuesday. The business’s 50 day moving average price is $20.09 and its 200-day moving average price is $20.31. iShares iBonds Dec 2031 Term Treasury ETF has a fifty-two week low of $19.93 and a fifty-two week high of $20.81.

iShares iBonds Dec 2031 Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd will be paid a dividend of $0.066 per share. The ex-dividend date of this dividend is Monday, August 3rd. This is a positive change from iShares iBonds Dec 2031 Term Treasury ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a yield of 4.0%.

About iShares iBonds Dec 2031 Term Treasury ETF

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.