Confluence Investment Management LLC Has $3.52 Million Stake in iShares iBonds Dec 2023 Term Muni Bond ETF (IBML)

Confluence Investment Management LLC trimmed its position in iShares iBonds Dec 2023 Term Muni Bond ETF (BATS:IBML) by 30.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 138,074 shares of the company’s stock after selling 59,713 shares during the quarter. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2023 Term Muni Bond ETF were worth $3,516,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Leavell Investment Management Inc. lifted its stake in shares of iShares iBonds Dec 2023 Term Muni Bond ETF by 103.3% in the first quarter. Leavell Investment Management Inc. now owns 74,800 shares of the company’s stock worth $1,905,000 after buying an additional 38,000 shares during the last quarter. Capital Directions Investment Advisors LLC acquired a new position in iShares iBonds Dec 2023 Term Muni Bond ETF during the 4th quarter valued at $726,000. Bank of New York Mellon Corp acquired a new position in iShares iBonds Dec 2023 Term Muni Bond ETF during the 4th quarter valued at $1,129,000. AdvisorNet Financial Inc raised its stake in iShares iBonds Dec 2023 Term Muni Bond ETF by 83.3% during the 4th quarter. AdvisorNet Financial Inc now owns 1,100 shares of the company’s stock valued at $28,000 after purchasing an additional 500 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in iShares iBonds Dec 2023 Term Muni Bond ETF by 28.5% during the 3rd quarter. Wells Fargo & Company MN now owns 159,782 shares of the company’s stock valued at $3,970,000 after purchasing an additional 35,464 shares during the last quarter.

BATS:IBML traded up $0.02 during trading hours on Friday, hitting $25.47. 9,802 shares of the company traded hands. iShares iBonds Dec 2023 Term Muni Bond ETF has a twelve month low of $24.83 and a twelve month high of $25.83.

The business also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were paid a dividend of $0.0376 per share. This is a boost from iShares iBonds Dec 2023 Term Muni Bond ETF’s previous monthly dividend of $0.04. This represents a $0.45 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend was Wednesday, May 1st.

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Institutional Ownership by Quarter for iShares iBonds Dec 2023 Term Muni Bond ETF (BATS:IBML)

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