Adirondack Trust Co. Purchases 24,932 Shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW)

Adirondack Trust Co. boosted its position in shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) by 66.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 62,516 shares of the company’s stock after buying an additional 24,932 shares during the quarter. Adirondack Trust Co. owned approximately 0.33% of iShares iBonds Dec 2031 Term Corporate ETF worth $1,269,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in IBDW. Cary Street Partners Investment Advisory LLC bought a new position in iShares iBonds Dec 2031 Term Corporate ETF in the 3rd quarter worth $29,000. Peloton Wealth Strategists grew its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 116.0% in the 3rd quarter. Peloton Wealth Strategists now owns 35,000 shares of the company’s stock worth $678,000 after buying an additional 18,800 shares during the period. Timber Creek Capital Management LLC grew its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 11.7% in the 4th quarter. Timber Creek Capital Management LLC now owns 25,673 shares of the company’s stock worth $533,000 after buying an additional 2,683 shares during the period. Archford Capital Strategies LLC grew its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 68.2% in the 4th quarter. Archford Capital Strategies LLC now owns 105,384 shares of the company’s stock worth $2,189,000 after buying an additional 42,738 shares during the period. Finally, Private Trust Co. NA purchased a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF in the 4th quarter worth about $27,000.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

IBDW stock traded up $0.04 during trading on Tuesday, hitting $20.42. 58,892 shares of the stock traded hands, compared to its average volume of 226,278. iShares iBonds Dec 2031 Term Corporate ETF has a 1 year low of $18.77 and a 1 year high of $21.25. The firm’s 50 day moving average is $20.14 and its two-hundred day moving average is $20.33.

iShares iBonds Dec 2031 Term Corporate ETF Profile

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.