JPMorgan Chase & Co. Increases Position in iShares iBonds Dec 2031 Term Corporate ETF $IBDW

JPMorgan Chase & Co. lifted its stake in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) by 122.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 319,029 shares of the company’s stock after purchasing an additional 175,548 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares iBonds Dec 2031 Term Corporate ETF were worth $6,770,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in IBDW. Sarver Vrooman Wealth Advisors boosted its position in iShares iBonds Dec 2031 Term Corporate ETF by 1.4% during the third quarter. Sarver Vrooman Wealth Advisors now owns 2,179,772 shares of the company’s stock valued at $46,255,000 after purchasing an additional 29,327 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares iBonds Dec 2031 Term Corporate ETF by 32.7% in the third quarter. Ameriprise Financial Inc. now owns 2,076,772 shares of the company’s stock valued at $44,108,000 after purchasing an additional 511,560 shares during the last quarter. NewEdge Advisors LLC raised its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 30.1% in the third quarter. NewEdge Advisors LLC now owns 1,136,720 shares of the company’s stock worth $24,121,000 after purchasing an additional 262,710 shares in the last quarter. Atlantic Union Bankshares Corp raised its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 2.2% in the third quarter. Atlantic Union Bankshares Corp now owns 287,383 shares of the company’s stock worth $6,098,000 after purchasing an additional 6,294 shares in the last quarter. Finally, Lyell Wealth Management LP lifted its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 13.1% during the third quarter. Lyell Wealth Management LP now owns 286,096 shares of the company’s stock valued at $6,071,000 after buying an additional 33,096 shares during the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

NYSEARCA:IBDW opened at $20.93 on Wednesday. iShares iBonds Dec 2031 Term Corporate ETF has a fifty-two week low of $20.08 and a fifty-two week high of $21.78. The company’s 50-day simple moving average is $21.11 and its 200-day simple moving average is $21.17.

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.