Confluence Investment Management LLC Grows Stock Position in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW)

Confluence Investment Management LLC lifted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) by 0.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 496,614 shares of the company’s stock after acquiring an additional 2,958 shares during the period. Confluence Investment Management LLC owned approximately 1.24% of iShares iBonds Dec 2031 Term Corporate ETF worth $10,106,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Farther Finance Advisors LLC purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF in the 3rd quarter worth $92,000. Princeton Global Asset Management LLC increased its holdings in shares of 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. Lyell Wealth Management LP raised its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 42.9% in the second quarter. Lyell Wealth Management LP now owns 27,550 shares of the company’s stock worth $559,000 after purchasing an additional 8,275 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 9.2% during the third quarter. Integrated Wealth Concepts LLC now owns 26,762 shares of the company’s stock worth $568,000 after purchasing an additional 2,252 shares during the period. Finally, Farmers National Bank boosted its position in iShares iBonds Dec 2031 Term Corporate ETF by 8.9% in the second quarter. Farmers National Bank now owns 33,468 shares of the company’s stock valued at $679,000 after buying an additional 2,728 shares during the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Price Performance

IBDW opened at $20.39 on Friday. The firm has a 50 day moving average of $20.57 and a two-hundred day moving average of $20.73. iShares iBonds Dec 2031 Term Corporate ETF has a 12-month low of $19.78 and a 12-month high of $21.39.

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.