Arrow Financial Corp Boosts Holdings in iShares iBonds Dec 2034 Term Corporate ETF $IBDZ

Arrow Financial Corp grew its stake in shares of iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) by 39.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 400,877 shares of the company’s stock after buying an additional 113,245 shares during the period. iShares iBonds Dec 2034 Term Corporate ETF accounts for 1.1% of Arrow Financial Corp’s portfolio, making the stock its 26th largest position. Arrow Financial Corp’s holdings in iShares iBonds Dec 2034 Term Corporate ETF were worth $10,571,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Parallel Advisors LLC raised its position in shares of iShares iBonds Dec 2034 Term Corporate ETF by 10.2% during the 3rd quarter. Parallel Advisors LLC now owns 177,703 shares of the company’s stock valued at $4,704,000 after buying an additional 16,385 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of iShares iBonds Dec 2034 Term Corporate ETF during the 3rd quarter valued at $2,137,000. Flow Traders U.S. LLC purchased a new stake in shares of iShares iBonds Dec 2034 Term Corporate ETF during the 3rd quarter valued at $1,109,000. Ameriprise Financial Inc. raised its position in shares of iShares iBonds Dec 2034 Term Corporate ETF by 203.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 29,926 shares of the company’s stock valued at $792,000 after buying an additional 20,059 shares in the last quarter. Finally, Montecito Bank & Trust raised its position in shares of iShares iBonds Dec 2034 Term Corporate ETF by 6.1% during the 4th quarter. Montecito Bank & Trust now owns 24,662 shares of the company’s stock valued at $650,000 after buying an additional 1,418 shares in the last quarter.

iShares iBonds Dec 2034 Term Corporate ETF Stock Performance

iShares iBonds Dec 2034 Term Corporate ETF stock opened at $25.82 on Monday. The firm’s fifty day moving average price is $26.11 and its 200-day moving average price is $26.33. iShares iBonds Dec 2034 Term Corporate ETF has a fifty-two week low of $25.15 and a fifty-two week high of $27.48.

iShares iBonds Dec 2034 Term Corporate ETF Company Profile

The iShares iBonds Dec 2034 Term Corporate ETF (IBDZ) 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, 2034, and December 15, 2034. IBDZ was launched on May 22, 2024 and is issued by BlackRock.