Motley Fool Wealth Management LLC Acquires Shares of 679,423 iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW)

Motley Fool Wealth Management LLC bought a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) during the fourth quarter, Holdings Channel.com reports. The firm bought 679,423 shares of the company’s stock, valued at approximately $13,802,000.

Other institutional investors have also recently made changes to their positions in the company. Sandy Spring Bank grew its stake in iShares iBonds Dec 2031 Term Corporate ETF by 4.3% in the fourth quarter. Sandy Spring Bank now owns 254,265 shares of the company’s stock worth $5,174,000 after purchasing an additional 10,492 shares during the period. Parallel Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 19.5% during the 4th quarter. Parallel Advisors LLC now owns 254,468 shares of the company’s stock valued at $5,178,000 after buying an additional 41,435 shares in the last quarter. Dorsey & Whitney Trust CO LLC grew its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 25.7% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 22,000 shares of the company’s stock worth $448,000 after buying an additional 4,500 shares during the period. Jones Financial Companies Lllp increased its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 101.6% in the 4th quarter. Jones Financial Companies Lllp now owns 12,472 shares of the company’s stock worth $254,000 after acquiring an additional 6,287 shares in the last quarter. Finally, Peloton Wealth Strategists lifted its position in iShares iBonds Dec 2031 Term Corporate ETF by 15.1% during the 4th quarter. Peloton Wealth Strategists now owns 170,000 shares of the company’s stock valued at $3,460,000 after acquiring an additional 22,300 shares during the period.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

Shares of IBDW opened at $20.67 on Wednesday. iShares iBonds Dec 2031 Term Corporate ETF has a fifty-two week low of $19.78 and a fifty-two week high of $21.39. The firm’s 50-day simple moving average is $20.55 and its two-hundred day simple moving average is $20.66.

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.