Peloton Wealth Strategists Raises Stock Holdings in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW)

Peloton Wealth Strategists lifted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) by 15.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 170,000 shares of the company’s stock after acquiring an additional 22,300 shares during the quarter. iShares iBonds Dec 2031 Term Corporate ETF accounts for about 1.4% of Peloton Wealth Strategists’ portfolio, making the stock its 25th largest position. Peloton Wealth Strategists owned 0.43% of iShares iBonds Dec 2031 Term Corporate ETF worth $3,460,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IBDW. Farther Finance Advisors LLC purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF in the third quarter valued at $92,000. Princeton Global Asset Management LLC boosted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 112.4% in the third quarter. Princeton Global Asset Management LLC now owns 6,562 shares of the company’s stock valued at $139,000 after purchasing an additional 3,473 shares during the period. Janney Montgomery Scott LLC boosted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 5.8% in the third quarter. Janney Montgomery Scott LLC now owns 337,146 shares of the company’s stock valued at $7,154,000 after purchasing an additional 18,403 shares during the period. Montecito Bank & Trust boosted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 47.1% in the third quarter. Montecito Bank & Trust now owns 36,579 shares of the company’s stock valued at $776,000 after purchasing an additional 11,706 shares during the period. Finally, Confluence Investment Management LLC purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF in the third quarter valued at $10,475,000.

iShares iBonds Dec 2031 Term Corporate ETF Price Performance

NYSEARCA:IBDW opened at $20.72 on Friday. iShares iBonds Dec 2031 Term Corporate ETF has a 12 month low of $19.78 and a 12 month high of $21.39. The business’s fifty day moving average price is $20.42 and its 200 day moving average price is $20.71.

iShares iBonds Dec 2031 Term Corporate ETF Company 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.