Motley Fool Wealth Management LLC Grows Stake in iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP)

Motley Fool Wealth Management LLC raised its holdings in shares of iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) by 3.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,017,477 shares of the company’s stock after purchasing an additional 36,962 shares during the period. iShares iBonds Dec 2024 Term Corporate ETF accounts for approximately 1.3% of Motley Fool Wealth Management LLC’s investment portfolio, making the stock its 20th biggest holding. Motley Fool Wealth Management LLC owned about 1.01% of iShares iBonds Dec 2024 Term Corporate ETF worth $25,344,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Farmers & Merchants Investments Inc. acquired a new stake in iShares iBonds Dec 2024 Term Corporate ETF in the 3rd quarter worth approximately $28,000. Grove Bank & Trust purchased a new stake in shares of iShares iBonds Dec 2024 Term Corporate ETF during the third quarter valued at $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of iShares iBonds Dec 2024 Term Corporate ETF in the 4th quarter valued at $37,000. Sutton Wealth Advisors Inc. purchased a new position in iShares iBonds Dec 2024 Term Corporate ETF in the 3rd quarter worth $39,000. Finally, Bogart Wealth LLC acquired a new stake in iShares iBonds Dec 2024 Term Corporate ETF during the 3rd quarter worth about $63,000.

iShares iBonds Dec 2024 Term Corporate ETF Stock Performance

NYSEARCA:IBDP remained flat at $25.07 during midday trading on Friday. 161,801 shares of the company traded hands, compared to its average volume of 557,622. iShares iBonds Dec 2024 Term Corporate ETF has a one year low of $24.51 and a one year high of $25.08. The company’s fifty day simple moving average is $25.02 and its 200 day simple moving average is $24.91.

iShares iBonds Dec 2024 Term Corporate ETF Profile

The iShares iBonds Dec 2024 Term Corporate ETF (IBDP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a global index of USD-denominated, investment-grade corporate bonds maturing between Dec 31, 2023 and Jan 1, 2025. IBDP was launched on Mar 11, 2015 and is managed by BlackRock.