Motley Fool Wealth Management LLC Sells 65,361 Shares of iShares iBonds Dec 2031 Term Corporate ETF $IBDW

Motley Fool Wealth Management LLC cut its stake in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) by 11.9% in the fourth quarter, HoldingsChannel reports. The fund owned 482,724 shares of the company’s stock after selling 65,361 shares during the period. Motley Fool Wealth Management LLC’s holdings in iShares iBonds Dec 2031 Term Corporate ETF were worth $10,210,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IBDW. BOKF NA bought a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF in the fourth quarter worth about $69,000. Bogart Wealth LLC raised its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 19.9% in the fourth quarter. Bogart Wealth LLC now owns 6,291 shares of the company’s stock worth $133,000 after acquiring an additional 1,043 shares during the last quarter. Dearborn Partners LLC bought a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF in the fourth quarter worth about $206,000. FourThought Financial Partners LLC bought a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF in the third quarter worth about $339,000. Finally, Farther Finance Advisors LLC raised its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 7.1% in the fourth quarter. Farther Finance Advisors LLC now owns 17,923 shares of the company’s stock worth $379,000 after acquiring an additional 1,188 shares during the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Stock Up 0.2%

Shares of NYSEARCA IBDW opened at $20.74 on Wednesday. iShares iBonds Dec 2031 Term Corporate ETF has a 1-year low of $20.61 and a 1-year high of $21.78. The company has a 50-day moving average of $20.88 and a two-hundred day moving average of $21.05.

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.