703,031 Shares in iShares iBonds Dec 2032 Term Treasury ETF $IBTM Acquired by Confluence Investment Management LLC

Confluence Investment Management LLC purchased a new position in iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 703,031 shares of the company’s stock, valued at approximately $15,281,000. Confluence Investment Management LLC owned about 2.65% of iShares iBonds Dec 2032 Term Treasury ETF as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 13.5% in the first quarter. Janney Montgomery Scott LLC now owns 551,409 shares of the company’s stock worth $12,644,000 after acquiring an additional 65,447 shares in the last quarter. Atlantic Private Wealth LLC lifted its position in iShares iBonds Dec 2032 Term Treasury ETF by 25.3% during the second quarter. Atlantic Private Wealth LLC now owns 293,989 shares of the company’s stock valued at $6,672,000 after purchasing an additional 59,363 shares during the period. Parallel Advisors LLC boosted its holdings in iShares iBonds Dec 2032 Term Treasury ETF by 146.6% in the first quarter. Parallel Advisors LLC now owns 162,870 shares of the company’s stock worth $3,735,000 after purchasing an additional 96,836 shares during the last quarter. Boston Family Office LLC grew its position in iShares iBonds Dec 2032 Term Treasury ETF by 4.2% in the 4th quarter. Boston Family Office LLC now owns 72,218 shares of the company’s stock worth $1,666,000 after purchasing an additional 2,893 shares during the period. Finally, McIlrath & Eck LLC bought a new stake in iShares iBonds Dec 2032 Term Treasury ETF in the 1st quarter worth approximately $73,000.

iShares iBonds Dec 2032 Term Treasury ETF Price Performance

Shares of IBTM remained flat at $21.74 during trading hours on Thursday. The company had a trading volume of 51,348 shares, compared to its average volume of 141,507. The firm has a 50 day moving average price of $22.26 and a two-hundred day moving average price of $22.56. iShares iBonds Dec 2032 Term Treasury ETF has a one year low of $21.62 and a one year high of $23.46.

iShares iBonds Dec 2032 Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st will be issued a dividend of $0.07 per share. This is a decrease from iShares iBonds Dec 2032 Term Treasury ETF’s previous monthly dividend of $0.0759. This represents a $0.84 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Thursday, October 1st.

About iShares iBonds Dec 2032 Term Treasury ETF

The iShares iBonds Dec 2032 Term Treasury ETF (IBTM) is an exchange-traded fund that is based on the ICE 2032 Maturity US Treasury index. The fund tracks a market-value-weighted index of US Treasury bonds maturing between January and December 2032. The fund will terminate in December 2032. IBTM was launched on Jul 6, 2022 and is managed by BlackRock.