Lyell Wealth Management LP Has $7.02 Million Position in iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP)

Lyell Wealth Management LP reduced its holdings in iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) by 4.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 281,692 shares of the company’s stock after selling 12,568 shares during the period. Lyell Wealth Management LP’s holdings in iShares iBonds Dec 2024 Term Corporate ETF were worth $7,017,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IBDP. Farmers & Merchants Investments Inc. acquired a new position in shares of iShares iBonds Dec 2024 Term Corporate ETF during the 3rd quarter worth about $28,000. Grove Bank & Trust bought a new stake in iShares iBonds Dec 2024 Term Corporate ETF in the 3rd quarter valued at about $29,000. Horizons Wealth Management boosted its holdings in iShares iBonds Dec 2024 Term Corporate ETF by 12.7% in the 4th quarter. Horizons Wealth Management now owns 12,958 shares of the company’s stock valued at $323,000 after purchasing an additional 1,459 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in iShares iBonds Dec 2024 Term Corporate ETF in the 4th quarter valued at about $37,000. Finally, Sutton Wealth Advisors Inc. bought a new stake in iShares iBonds Dec 2024 Term Corporate ETF in the 3rd quarter valued at about $39,000.

iShares iBonds Dec 2024 Term Corporate ETF Stock Performance

NYSEARCA IBDP traded up $0.02 during trading on Wednesday, reaching $25.07. The company’s stock had a trading volume of 274,131 shares, compared to its average volume of 566,992. The firm has a 50 day moving average price of $25.01 and a 200 day moving average price of $24.91. iShares iBonds Dec 2024 Term Corporate ETF has a 12 month low of $24.51 and a 12 month high of $25.07.

About iShares iBonds Dec 2024 Term Corporate ETF

The iShares iBonds Dec 2024 Term Corporate ETF (IBDP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a global index of USD-denominated, investment-grade corporate bonds maturing between Dec 31, 2023 and Jan 1, 2025. IBDP was launched on Mar 11, 2015 and is managed by BlackRock.