Confluence Investment Management LLC Purchases New Shares in iShares iBonds Dec 2033 Term Treasury ETF $IBTO

Confluence Investment Management LLC purchased a new stake in iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 705,787 shares of the company’s stock, valued at approximately $16,226,000. Confluence Investment Management LLC owned approximately 3.61% of iShares iBonds Dec 2033 Term Treasury ETF at the end of the most recent reporting period.

Separately, Janney Montgomery Scott LLC bought a new position in iShares iBonds Dec 2033 Term Treasury ETF in the 1st quarter valued at $1,595,000.

iShares iBonds Dec 2033 Term Treasury ETF Stock Down 0.0%

Shares of NASDAQ IBTO traded down $0.01 during midday trading on Thursday, hitting $22.98. The stock had a trading volume of 56,104 shares, compared to its average volume of 114,669. The company’s 50-day simple moving average is $23.60 and its 200 day simple moving average is $23.96. iShares iBonds Dec 2033 Term Treasury ETF has a fifty-two week low of $22.83 and a fifty-two week high of $25.00.

iShares iBonds Dec 2033 Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 6th. Investors of record on Thursday, October 1st will be given a $0.0790 dividend. The ex-dividend date is Thursday, October 1st. This is a negative change from iShares iBonds Dec 2033 Term Treasury ETF’s previous monthly dividend of $0.0838. This represents a $0.95 dividend on an annualized basis and a yield of 4.1%.

iShares iBonds Dec 2033 Term Treasury ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares iBonds Dec 2033 Term Treasury ETF (NASDAQ:IBTO)

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