Adirondack Trust Co. Sells 42,037 Shares of iShares iBonds Dec 2031 Term Corporate ETF $IBDW

Adirondack Trust Co. decreased its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) by 16.2% during the third quarter, HoldingsChannel.com reports. The firm owned 217,216 shares of the company’s stock after selling 42,037 shares during the period. iShares iBonds Dec 2031 Term Corporate ETF accounts for 1.5% of Adirondack Trust Co.’s portfolio, making the stock its 13th largest position. Adirondack Trust Co.’s holdings in iShares iBonds Dec 2031 Term Corporate ETF were worth $4,355,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Ballast Advisors LLC purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF during the 1st quarter valued at about $30,000. Ascentis Independent Advisors bought a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF during the first quarter valued at about $63,000. Harbor Investment Advisory LLC increased its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 95.1% during the first quarter. Harbor Investment Advisory LLC now owns 5,981 shares of the company’s stock valued at $125,000 after buying an additional 2,916 shares during the period. Bogart Wealth LLC lifted its holdings 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 worth $196,000 after buying an additional 3,055 shares in the last quarter. Finally, Princeton Global Asset Management LLC lifted its holdings 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 worth $239,000 after buying an additional 3,151 shares in the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Trading Down 0.1%

Shares of iShares iBonds Dec 2031 Term Corporate ETF stock traded down $0.02 on Wednesday, reaching $20.06. The stock had a trading volume of 570,239 shares, compared to its average volume of 609,074. The business’s 50 day moving average is $20.37 and its two-hundred day moving average is $20.66. iShares iBonds Dec 2031 Term Corporate ETF has a 1 year low of $19.93 and a 1 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.