Pinnacle Bank Sells 566 Shares of iBonds Dec 2020 Term Corporate ETF (NYSEARCA:IBDL)

Pinnacle Bank trimmed its position in iBonds Dec 2020 Term Corporate ETF (NYSEARCA:IBDL) by 3.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 18,519 shares of the company’s stock after selling 566 shares during the quarter. Pinnacle Bank’s holdings in iBonds Dec 2020 Term Corporate ETF were worth $469,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Arrow Financial Corp purchased a new position in shares of iBonds Dec 2020 Term Corporate ETF in the 1st quarter valued at $26,000. Bartlett & Co. LLC purchased a new position in iBonds Dec 2020 Term Corporate ETF in the first quarter valued at about $116,000. Cribstone Capital Management LLC bought a new position in iBonds Dec 2020 Term Corporate ETF in the first quarter worth about $158,000. Norway Savings Bank lifted its position in shares of iBonds Dec 2020 Term Corporate ETF by 30.7% during the first quarter. Norway Savings Bank now owns 8,505 shares of the company’s stock valued at $214,000 after buying an additional 2,000 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its holdings in shares of iBonds Dec 2020 Term Corporate ETF by 31.2% in the 4th quarter. Baird Financial Group Inc. now owns 10,665 shares of the company’s stock valued at $270,000 after buying an additional 2,536 shares in the last quarter.

Shares of NYSEARCA IBDL traded down $0.02 during trading hours on Tuesday, hitting $25.28. 2,452 shares of the stock were exchanged, compared to its average volume of 288,267. iBonds Dec 2020 Term Corporate ETF has a 12 month low of $23.72 and a 12 month high of $25.41. The firm has a fifty day moving average price of $25.31 and a 200-day moving average price of $25.24.

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Institutional Ownership by Quarter for iBonds Dec 2020 Term Corporate ETF (NYSEARCA:IBDL)

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