iShares iBonds Dec 2032 Term Treasury ETF $IBTM Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC cut its holdings in shares of iShares iBonds Dec 2032 Term Treasury ETF (NASDAQ:IBTM) by 8.5% in the second quarter, HoldingsChannel.com reports. The firm owned 735,847 shares of the company’s stock after selling 68,247 shares during the quarter. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2032 Term Treasury ETF were worth $16,700,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Crews Bank & Trust acquired a new stake in shares of iShares iBonds Dec 2032 Term Treasury ETF during the 4th quarter worth about $25,000. Bogart Wealth LLC acquired a new position in iShares iBonds Dec 2032 Term Treasury ETF in the fourth quarter valued at about $41,000. McIlrath & Eck LLC acquired a new position in iShares iBonds Dec 2032 Term Treasury ETF in the first quarter valued at about $73,000. Integrated Wealth Concepts LLC boosted its stake in iShares iBonds Dec 2032 Term Treasury ETF by 3.6% during the third quarter. Integrated Wealth Concepts LLC now owns 22,407 shares of the company’s stock worth $518,000 after buying an additional 780 shares during the period. Finally, Captrust Financial Advisors purchased a new position in iShares iBonds Dec 2032 Term Treasury ETF during the second quarter worth about $672,000.

iShares iBonds Dec 2032 Term Treasury ETF Trading Down 0.1%

Shares of IBTM opened at $22.40 on Tuesday. iShares iBonds Dec 2032 Term Treasury ETF has a 1-year low of $22.36 and a 1-year high of $23.46. The firm has a 50-day simple moving average of $22.58 and a two-hundred day simple moving average of $22.83.

iShares iBonds Dec 2032 Term Treasury ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, August 6th. Investors of record on Monday, August 3rd will be given a dividend of $0.0754 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.