Spinnaker Trust Invests $232,000 in iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV)

Spinnaker Trust acquired a new position in iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 10,473 shares of the company’s stock, valued at approximately $232,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Janney Montgomery Scott LLC raised its stake in iShares iBonds Dec 2030 Term Corporate ETF by 6.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 293,259 shares of the company’s stock valued at $6,276,000 after buying an additional 18,183 shares during the last quarter. Comerica Bank grew its position in iShares iBonds Dec 2030 Term Corporate ETF by 100.0% during the first quarter. Comerica Bank now owns 19,042 shares of the company’s stock valued at $407,000 after buying an additional 9,523 shares during the period. Adirondack Trust Co. increased its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 47.3% during the second quarter. Adirondack Trust Co. now owns 21,534 shares of the company’s stock valued at $458,000 after buying an additional 6,917 shares during the last quarter. Praetorian Wealth Management Inc. boosted its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 23.6% during the 2nd quarter. Praetorian Wealth Management Inc. now owns 154,394 shares of the company’s stock worth $3,282,000 after acquiring an additional 29,459 shares during the last quarter. Finally, Buffington Mohr McNeal grew its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 1.1% during the 2nd quarter. Buffington Mohr McNeal now owns 593,465 shares of the company’s stock valued at $12,617,000 after acquiring an additional 6,256 shares during the period.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

NYSEARCA:IBDV opened at $21.45 on Thursday. iShares iBonds Dec 2030 Term Corporate ETF has a one year low of $20.29 and a one year high of $22.43. The business has a fifty day moving average price of $21.95 and a 200-day moving average price of $21.57.

iShares iBonds Dec 2030 Term Corporate ETF Company Profile

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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 Jan 1 and Dec 15, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.