Montecito Bank & Trust Sells 33,731 Shares of iShares iBonds Dec 2031 Term Corporate ETF $IBDW
by Scott Moore · The Cerbat GemMontecito Bank & Trust lowered its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW – Free Report) by 34.3% in the third quarter, HoldingsChannel.com reports. The firm owned 64,595 shares of the company’s stock after selling 33,731 shares during the period. Montecito Bank & Trust’s holdings in iShares iBonds Dec 2031 Term Corporate ETF were worth $1,296,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Sarver Vrooman Wealth Advisors purchased a new stake in iShares iBonds Dec 2031 Term Corporate ETF in the third quarter valued at approximately $45,444,000. Lyell Wealth Management LP lifted its stake in iShares iBonds Dec 2031 Term Corporate ETF by 16.1% during the fourth quarter. Lyell Wealth Management LP now owns 332,277 shares of the company’s stock worth $7,028,000 after purchasing an additional 46,181 shares in the last quarter. Peloton Wealth Strategists boosted its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 22.3% during the fourth quarter. Peloton Wealth Strategists now owns 246,350 shares of the company’s stock worth $5,210,000 after buying an additional 45,000 shares during the period. Godshalk Welsh Capital Management Inc. boosted its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 225.7% during the first quarter. Godshalk Welsh Capital Management Inc. now owns 62,050 shares of the company’s stock worth $1,299,000 after buying an additional 43,000 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF in the first quarter valued at $767,000.
iShares iBonds Dec 2031 Term Corporate ETF Trading Down 0.1%
Shares of NYSEARCA IBDW traded down $0.03 during trading on Thursday, reaching $20.03. The stock 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 fifty-two week low of $19.93 and a fifty-two week high of $21.46. The business’s 50-day moving average price is $20.47 and its 200-day moving average price is $20.71.
iShares iBonds Dec 2031 Term Corporate ETF 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.
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