iShares iBonds Dec 2031 Term Corporate ETF $IBDW Stock Position Lowered by Montecito Bank & Trust

Montecito Bank & Trust cut its holdings in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) by 34.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 64,595 shares of the company’s stock after selling 33,731 shares during the period. Montecito Bank & Trust owned 0.05% of iShares iBonds Dec 2031 Term Corporate ETF worth $1,296,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in IBDW. Ballast Advisors LLC purchased a new stake in iShares iBonds Dec 2031 Term Corporate ETF in the first quarter valued at $30,000. Ascentis Independent Advisors purchased a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF during the 1st quarter worth $63,000. Harbor Investment Advisory LLC grew its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 95.1% during the 1st quarter. Harbor Investment Advisory LLC now owns 5,981 shares of the company’s stock worth $125,000 after purchasing an additional 2,916 shares during the period. Bogart Wealth LLC grew its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 48.6% during the 1st quarter. Bogart Wealth LLC now owns 9,346 shares of the company’s stock worth $196,000 after purchasing an additional 3,055 shares during the period. Finally, Dearborn Partners LLC acquired a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF during the 4th quarter worth about $206,000.

iShares iBonds Dec 2031 Term Corporate ETF Stock Down 0.1%

IBDW traded down $0.03 on Thursday, hitting $20.03. The company had a trading volume of 1,601,623 shares, compared to its average volume of 588,731. iShares iBonds Dec 2031 Term Corporate ETF has a 1 year low of $19.93 and a 1 year high of $21.46. The company’s fifty day moving average price is $20.47 and its 200 day moving average price is $20.71.

iShares iBonds Dec 2031 Term Corporate ETF Company Profile

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) 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, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.