123,765 Shares of iShares iBonds Dec 2032 Term Corporate ETF $IBDX Acquired by Adirondack Trust Co.

Adirondack Trust Co. purchased a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) during the third quarter, Holdings Channel.com reports. The fund purchased 123,765 shares of the company’s stock, valued at approximately $2,978,000. iShares iBonds Dec 2032 Term Corporate ETF accounts for approximately 1.0% of Adirondack Trust Co.’s portfolio, making the stock its 28th largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IBDX. Bullock Wealth Management Group bought a new stake in iShares iBonds Dec 2032 Term Corporate ETF in the 3rd quarter worth about $1,032,000. Farther Finance Advisors LLC bought a new position in shares of iShares iBonds Dec 2032 Term Corporate ETF during the 3rd quarter worth approximately $248,000. Bank of New Hampshire bought a new position in shares of iShares iBonds Dec 2032 Term Corporate ETF during the 3rd quarter worth approximately $395,000. Montecito Bank & Trust lifted its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 3.4% during the 3rd quarter. Montecito Bank & Trust now owns 45,943 shares of the company’s stock worth $1,106,000 after buying an additional 1,524 shares in the last quarter. Finally, Sarver Vrooman Wealth Advisors bought a new position in shares of iShares iBonds Dec 2032 Term Corporate ETF during the 3rd quarter worth approximately $513,000.

iShares iBonds Dec 2032 Term Corporate ETF Price Performance

Shares of NYSEARCA IBDX traded down $0.04 during midday trading on Wednesday, reaching $24.07. The company’s stock had a trading volume of 138,777 shares, compared to its average volume of 284,354. iShares iBonds Dec 2032 Term Corporate ETF has a 12-month low of $23.90 and a 12-month high of $26.00. The firm has a 50 day moving average price of $24.51 and a 200-day moving average price of $24.91.

iShares iBonds Dec 2032 Term Corporate ETF Profile

The iShares iBonds Dec 2032 Term Corporate ETF (IBDX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment grade corporate bonds maturing between January 1, 2032 and December 15, 2032. IBDX was launched on Jun 28, 2022 and is managed by BlackRock.