First Interstate Bank Buys 31,222 Shares of iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX)

First Interstate Bank boosted its position in iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) by 1.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,167,641 shares of the company’s stock after purchasing an additional 31,222 shares during the quarter. iShares iBonds Dec 2032 Term Corporate ETF comprises about 3.4% of First Interstate Bank’s holdings, making the stock its 9th largest position. First Interstate Bank owned 8.57% of iShares iBonds Dec 2032 Term Corporate ETF worth $55,730,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First PREMIER Bank purchased a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF in the third quarter valued at $46,000. Adirondack Trust Co. grew its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 67.6% in the 2nd quarter. Adirondack Trust Co. now owns 8,747 shares of the company’s stock valued at $215,000 after buying an additional 3,529 shares during the period. Arkadios Wealth Advisors acquired a new position in shares of iShares iBonds Dec 2032 Term Corporate ETF during the 2nd quarter valued at about $220,000. Comerica Bank lifted its holdings in shares of iShares iBonds Dec 2032 Term Corporate ETF by 64.7% during the 1st quarter. Comerica Bank now owns 15,076 shares of the company’s stock worth $374,000 after acquiring an additional 5,923 shares during the period. Finally, Farmers National Bank lifted its holdings in shares of iShares iBonds Dec 2032 Term Corporate ETF by 55.7% during the 2nd quarter. Farmers National Bank now owns 15,462 shares of the company’s stock worth $380,000 after acquiring an additional 5,533 shares during the period.

iShares iBonds Dec 2032 Term Corporate ETF Price Performance

iShares iBonds Dec 2032 Term Corporate ETF stock traded down $0.11 during trading on Friday, reaching $24.75. The company had a trading volume of 182,225 shares, compared to its average volume of 144,266. The stock’s 50 day moving average price is $25.45 and its two-hundred day moving average price is $24.94. iShares iBonds Dec 2032 Term Corporate ETF has a 12-month low of $23.20 and a 12-month high of $26.07.

iShares iBonds Dec 2032 Term Corporate ETF Profile

The iShares iBonds Dec 2032 Term Corporate ETF (IBDX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment grade corporate bonds maturing between January 1, 2032 and December 15, 2032. IBDX was launched on Jun 28, 2022 and is managed by BlackRock.