iShares iBonds Dec 2029 Term Treasury ETF $IBTJ Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC trimmed its position in iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) by 65.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 180,532 shares of the company’s stock after selling 340,468 shares during the period. Confluence Investment Management LLC owned 0.37% of iShares iBonds Dec 2029 Term Treasury ETF worth $3,962,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IBTJ. Pinnacle Bancorp Inc. acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the third quarter valued at approximately $101,000. Opus Capital Group LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 3rd quarter worth approximately $274,000. Crews Bank & Trust grew its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 12.9% in the 3rd quarter. Crews Bank & Trust now owns 15,990 shares of the company’s stock worth $351,000 after acquiring an additional 1,830 shares in the last quarter. CNB Bank bought a new stake in shares of iShares iBonds Dec 2029 Term Treasury ETF in the 3rd quarter valued at approximately $405,000. Finally, Heartland Bank & Trust Co raised its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 6.8% during the 3rd quarter. Heartland Bank & Trust Co now owns 19,589 shares of the company’s stock valued at $430,000 after acquiring an additional 1,239 shares in the last quarter.

iShares iBonds Dec 2029 Term Treasury ETF Price Performance

IBTJ stock opened at $21.75 on Friday. The stock’s 50 day simple moving average is $21.95 and its 200 day simple moving average is $21.96. iShares iBonds Dec 2029 Term Treasury ETF has a 12-month low of $21.53 and a 12-month high of $22.13.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.0626 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, March 2nd.

About iShares iBonds Dec 2029 Term Treasury ETF

The iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) is an exchange-traded fund that is based on the ICE 2029 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2029. The fund will terminate in December 2029. IBTJ was launched on Feb 25, 2020 and is managed by BlackRock.