Confluence Investment Management LLC Boosts Stake in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI)

Confluence Investment Management LLC lifted its holdings in iShares iBonds Dec 2028 Term Treasury ETF (NASDAQ:IBTI) by 52.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 682,066 shares of the company’s stock after purchasing an additional 235,642 shares during the quarter. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2028 Term Treasury ETF were worth $15,350,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of IBTI. Pinnacle Bancorp Inc. purchased a new position in shares of iShares iBonds Dec 2028 Term Treasury ETF during the 3rd quarter valued at approximately $225,000. Heartland Bank & Trust Co purchased a new position in iShares iBonds Dec 2028 Term Treasury ETF during the third quarter valued at $269,000. Cary Street Partners Asset Management LLC acquired a new stake in shares of iShares iBonds Dec 2028 Term Treasury ETF in the third quarter valued at about $294,000. JDM Financial Group LLC increased its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 12.4% during the first quarter. JDM Financial Group LLC now owns 21,006 shares of the company’s stock worth $461,000 after purchasing an additional 2,315 shares in the last quarter. Finally, Strategic Blueprint LLC increased its stake in shares of iShares iBonds Dec 2028 Term Treasury ETF by 17.2% during the second quarter. Strategic Blueprint LLC now owns 23,578 shares of the company’s stock worth $515,000 after purchasing an additional 3,458 shares in the last quarter.

iShares iBonds Dec 2028 Term Treasury ETF Stock Up 0.4 %

Shares of iShares iBonds Dec 2028 Term Treasury ETF stock opened at $21.99 on Friday. iShares iBonds Dec 2028 Term Treasury ETF has a twelve month low of $21.42 and a twelve month high of $22.61. The firm’s 50-day moving average price is $22.32 and its 200 day moving average price is $22.05.

iShares iBonds Dec 2028 Term Treasury ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.0729 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares iBonds Dec 2028 Term Treasury ETF’s previous dividend of $0.07.

iShares iBonds Dec 2028 Term Treasury ETF Profile

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.