Confluence Investment Management LLC Invests $10.48 Million in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW)

Confluence Investment Management LLC purchased a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 493,656 shares of the company’s stock, valued at approximately $10,475,000.

A number of other large investors also recently bought and sold shares of IBDW. Farmers National Bank lifted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 8.9% in the 2nd quarter. Farmers National Bank now owns 33,468 shares of the company’s stock valued at $679,000 after purchasing an additional 2,728 shares during the period. Princeton Global Asset Management LLC increased its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 112.4% in the third quarter. Princeton Global Asset Management LLC now owns 6,562 shares of the company’s stock valued at $139,000 after buying an additional 3,473 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF in the third quarter worth about $92,000. Archford Capital Strategies LLC boosted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 4.7% during the 2nd quarter. Archford Capital Strategies LLC now owns 116,283 shares of the company’s stock worth $2,359,000 after acquiring an additional 5,223 shares in the last quarter. Finally, Lyell Wealth Management LP grew its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 42.9% during the 2nd quarter. Lyell Wealth Management LP now owns 27,550 shares of the company’s stock valued at $559,000 after acquiring an additional 8,275 shares during the period.

iShares iBonds Dec 2031 Term Corporate ETF Stock Up 0.0 %

NYSEARCA IBDW opened at $20.68 on Friday. The stock has a 50-day moving average of $20.97 and a 200 day moving average of $20.62. iShares iBonds Dec 2031 Term Corporate ETF has a twelve month low of $19.27 and a twelve month high of $21.39.

iShares iBonds Dec 2031 Term Corporate ETF Company 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.