Montecito Bank & Trust Raises Position in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW)

Montecito Bank & Trust lifted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) by 47.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,579 shares of the company’s stock after buying an additional 11,706 shares during the period. Montecito Bank & Trust’s holdings in iShares iBonds Dec 2031 Term Corporate ETF were worth $776,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of IBDW. Arrow Financial Corp lifted its stake in iShares iBonds Dec 2031 Term Corporate ETF by 2.3% during the 2nd quarter. Arrow Financial Corp now owns 670,910 shares of the company’s stock valued at $13,613,000 after acquiring an additional 14,950 shares in the last quarter. Buffington Mohr McNeal lifted its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 4.0% during the third quarter. Buffington Mohr McNeal now owns 642,523 shares of the company’s stock valued at $13,634,000 after purchasing an additional 24,837 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 5.8% during the third quarter. Janney Montgomery Scott LLC now owns 337,146 shares of the company’s stock worth $7,154,000 after purchasing an additional 18,403 shares during the last quarter. Lyell Wealth Management LP grew its position in iShares iBonds Dec 2031 Term Corporate ETF by 501.8% in the 3rd quarter. Lyell Wealth Management LP now owns 165,800 shares of the company’s stock worth $3,518,000 after purchasing an additional 138,250 shares in the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 7.6% during the 2nd quarter. Parallel Advisors LLC now owns 135,011 shares of the company’s stock worth $2,739,000 after buying an additional 9,539 shares in the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

Shares of NYSEARCA IBDW opened at $20.67 on Friday. The stock’s 50 day moving average price is $20.98 and its 200-day moving average price is $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 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.