Spinnaker Trust Grows Stock Position in iShares iBonds Dec 2031 Term Corporate ETF $IBDW

Spinnaker Trust increased its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) by 122.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 54,863 shares of the company’s stock after purchasing an additional 30,189 shares during the quarter. Spinnaker Trust’s holdings in iShares iBonds Dec 2031 Term Corporate ETF were worth $1,148,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sarver Vrooman Wealth Advisors increased its stake in iShares iBonds Dec 2031 Term Corporate ETF by 6.3% in the 4th quarter. Sarver Vrooman Wealth Advisors now owns 2,316,263 shares of the company’s stock valued at $48,989,000 after buying an additional 136,491 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 32.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,076,772 shares of the company’s stock worth $44,108,000 after acquiring an additional 511,560 shares during the period. NewEdge Advisors LLC lifted its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 5.2% in the 4th quarter. NewEdge Advisors LLC now owns 1,195,846 shares of the company’s stock worth $25,292,000 after acquiring an additional 59,126 shares during the period. Arrow Financial Corp boosted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 4.2% in the fourth quarter. Arrow Financial Corp now owns 703,778 shares of the company’s stock valued at $14,885,000 after acquiring an additional 28,076 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 7.2% in the first quarter. Janney Montgomery Scott LLC now owns 478,622 shares of the company’s stock valued at $10,018,000 after acquiring an additional 32,344 shares in the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Trading Down 0.3%

Shares of iShares iBonds Dec 2031 Term Corporate ETF stock opened at $20.84 on Wednesday. iShares iBonds Dec 2031 Term Corporate ETF has a 52-week low of $20.64 and a 52-week high of $21.78. The company’s 50-day simple moving average is $20.84 and its 200-day simple moving average is $21.01.

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.