iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) Stake Increased by Confluence Investment Management LLC

Confluence Investment Management LLC raised its position in shares of iShares iBonds Dec 2029 Term Treasury ETF (NASDAQ:IBTJ) by 1.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 360,901 shares of the company’s stock after buying an additional 3,744 shares during the quarter. Confluence Investment Management LLC owned about 2.12% of iShares iBonds Dec 2029 Term Treasury ETF worth $7,697,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in IBTJ. Farther Finance Advisors LLC acquired a new stake in iShares iBonds Dec 2029 Term Treasury ETF in the third quarter worth $50,000. Cary Street Partners Asset Management LLC bought a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter valued at $252,000. Leavell Investment Management Inc. bought a new stake in iShares iBonds Dec 2029 Term Treasury ETF during the third quarter worth approximately $317,000. Captrust Financial Advisors bought a new position in iShares iBonds Dec 2029 Term Treasury ETF during the 3rd quarter valued at $360,000. Finally, Integrated Wealth Concepts LLC increased its position in shares of iShares iBonds Dec 2029 Term Treasury ETF by 125.5% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 33,497 shares of the company’s stock valued at $740,000 after purchasing an additional 18,644 shares during the period.

iShares iBonds Dec 2029 Term Treasury ETF Stock Performance

Shares of iShares iBonds Dec 2029 Term Treasury ETF stock opened at $21.33 on Friday. iShares iBonds Dec 2029 Term Treasury ETF has a 52 week low of $20.95 and a 52 week high of $22.22. The company’s 50-day moving average price is $21.45 and its two-hundred day moving average price is $21.67.

iShares iBonds Dec 2029 Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.0709 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $0.85 dividend on an annualized basis and a dividend yield of 3.99%.

iShares iBonds Dec 2029 Term Treasury ETF Company Profile

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.