iShares iBonds Dec 2031 Term Corporate ETF $IBDW Stock: Adirondack Trust Co. Cuts Stake

Adirondack Trust Co. lowered its position in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) by 16.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 217,216 shares of the company’s stock after selling 42,037 shares during the quarter. iShares iBonds Dec 2031 Term Corporate ETF comprises 1.5% of Adirondack Trust Co.’s investment portfolio, making the stock its 13th largest holding. Adirondack Trust Co. owned approximately 0.17% of iShares iBonds Dec 2031 Term Corporate ETF worth $4,355,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Ballast Advisors LLC purchased a new stake in iShares iBonds Dec 2031 Term Corporate ETF during the first quarter valued at about $30,000. Ascentis Independent Advisors purchased a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF in the first quarter worth about $63,000. Harbor Investment Advisory LLC increased its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 95.1% in the first 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 in the last quarter. Bogart Wealth LLC raised its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 48.6% in the first quarter. Bogart Wealth LLC now owns 9,346 shares of the company’s stock valued at $196,000 after purchasing an additional 3,055 shares during the period. Finally, Princeton Global Asset Management LLC raised its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 38.2% in the first quarter. Princeton Global Asset Management LLC now owns 11,408 shares of the company’s stock valued at $239,000 after purchasing an additional 3,151 shares during the period.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

Shares of NYSEARCA IBDW traded down $0.02 during midday trading on Wednesday, hitting $20.06. The company’s stock had a trading volume of 570,239 shares, compared to its average volume of 609,074. The stock has a fifty day moving average price of $20.37 and a 200 day moving average price of $20.66. iShares iBonds Dec 2031 Term Corporate ETF has a one year low of $19.93 and a one year high of $21.44.

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.