Confluence Investment Management LLC Grows Stock Position in iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV)

Confluence Investment Management LLC increased its stake in iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) by 6.0% in the first quarter, Holdings Channel reports. The institutional investor owned 720,678 shares of the company’s stock after acquiring an additional 40,683 shares during the period. Confluence Investment Management LLC owned approximately 0.26% of iShares iBonds Dec 2030 Term Corporate ETF worth $17,851,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Arrow Financial Corp purchased a new position in shares of iShares iBonds Dec 2030 Term Corporate ETF during the fourth quarter valued at approximately $135,000. Bank of New York Mellon Corp bought a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF during the 4th quarter worth approximately $1,534,000. Finally, Capital Investment Advisors LLC lifted its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 200.8% during the 4th quarter. Capital Investment Advisors LLC now owns 96,325 shares of the company’s stock worth $2,532,000 after acquiring an additional 64,304 shares during the last quarter.

iShares iBonds Dec 2030 Term Corporate ETF stock traded down $0.05 during mid-day trading on Thursday, hitting $24.89. The company’s stock had a trading volume of 600 shares, compared to its average volume of 21,816. The company has a 50 day moving average of $24.97 and a 200-day moving average of $25.69. iShares iBonds Dec 2030 Term Corporate ETF has a one year low of $24.44 and a one year high of $27.04.

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