Confluence Investment Management LLC Trims Holdings in iShares iBonds Dec 2033 Term Treasury ETF $IBTO

Confluence Investment Management LLC trimmed its holdings in shares of iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO) by 8.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 988,431 shares of the company’s stock after selling 93,465 shares during the quarter. Confluence Investment Management LLC owned 0.05% of iShares iBonds Dec 2033 Term Treasury ETF worth $23,852,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in IBTO. Ameriprise Financial Inc. bought a new position in shares of iShares iBonds Dec 2033 Term Treasury ETF in the third quarter worth about $2,554,000. United Capital Financial Advisors LLC lifted its holdings in iShares iBonds Dec 2033 Term Treasury ETF by 43.5% during the 3rd quarter. United Capital Financial Advisors LLC now owns 63,181 shares of the company’s stock valued at $1,557,000 after buying an additional 19,157 shares in the last quarter. Headland Capital LLC lifted its holdings in iShares iBonds Dec 2033 Term Treasury ETF by 2.9% during the 4th quarter. Headland Capital LLC now owns 303,888 shares of the company’s stock valued at $7,462,000 after buying an additional 8,552 shares in the last quarter. Atlantic Union Bankshares Corp boosted its position in iShares iBonds Dec 2033 Term Treasury ETF by 24.4% in the 4th quarter. Atlantic Union Bankshares Corp now owns 1,322,916 shares of the company’s stock valued at $32,484,000 after buying an additional 259,627 shares during the period. Finally, Thoroughbred Financial Services LLC boosted its position in iShares iBonds Dec 2033 Term Treasury ETF by 117.8% in the 4th quarter. Thoroughbred Financial Services LLC now owns 70,348 shares of the company’s stock valued at $1,727,000 after buying an additional 38,042 shares during the period.

iShares iBonds Dec 2033 Term Treasury ETF Stock Performance

Shares of IBTO stock opened at $23.75 on Tuesday. The company’s 50-day simple moving average is $23.98 and its two-hundred day simple moving average is $24.27. iShares iBonds Dec 2033 Term Treasury ETF has a one year low of $23.73 and a one year high of $25.00.

iShares iBonds Dec 2033 Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd will be paid a dividend of $0.0864 per share. This is a boost from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Monday, August 3rd.

iShares iBonds Dec 2033 Term Treasury ETF Company Profile

The iShares iBonds Dec 2033 Term Treasury ETF (IBTO) is an exchange-traded fund that is based on the ICE 2033 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2033. The fund will terminate in December 2033. IBTO was launched on Jun 27, 2023 and is managed by BlackRock.