iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW – Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as $20.02 and last traded at $20.06, with a volume of 426866 shares. The stock had previously closed at $20.13.
iShares iBonds Dec 2031 Term Corporate ETF Price Performance
The company’s fifty day moving average is $20.47 and its 200 day moving average is $20.71.
Hedge Funds Weigh In On iShares iBonds Dec 2031 Term Corporate ETF
A number of hedge funds have recently made changes to their positions in IBDW. Sarver Vrooman Wealth Advisors lifted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 6.3% during the 4th quarter. Sarver Vrooman Wealth Advisors now owns 2,316,263 shares of the company’s stock valued at $48,989,000 after acquiring an additional 136,491 shares in the last quarter. Janney Montgomery Scott LLC raised its position in iShares iBonds Dec 2031 Term Corporate ETF by 7.2% in the first quarter. Janney Montgomery Scott LLC now owns 478,622 shares of the company’s stock valued at $10,018,000 after purchasing an additional 32,344 shares during the period. Lyell Wealth Management LP raised its position in iShares iBonds Dec 2031 Term Corporate ETF by 16.1% in the fourth quarter. Lyell Wealth Management LP now owns 332,277 shares of the company’s stock valued at $7,028,000 after purchasing an additional 46,181 shares during the period. Praetorian Wealth Management Inc. lifted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 3.5% during the second quarter. Praetorian Wealth Management Inc. now owns 306,517 shares of the company’s stock worth $6,388,000 after purchasing an additional 10,273 shares in the last quarter. Finally, Parallel Advisors LLC lifted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 1.8% during the first quarter. Parallel Advisors LLC now owns 292,121 shares of the company’s stock worth $6,114,000 after purchasing an additional 5,198 shares in the last quarter.
About iShares iBonds Dec 2031 Term Corporate ETF
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.
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