Gradient Capital Advisors LLC Buys 2,874 Shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW)

Gradient Capital Advisors LLC increased its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) by 8.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 37,516 shares of the company’s stock after buying an additional 2,874 shares during the quarter. Gradient Capital Advisors LLC’s holdings in iShares iBonds Dec 2031 Term Corporate ETF were worth $763,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Arrow Financial Corp grew its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 1.3% during the 3rd quarter. Arrow Financial Corp now owns 679,681 shares of the company’s stock worth $14,423,000 after purchasing an additional 8,771 shares in the last quarter. Buffington Mohr McNeal raised its stake in iShares iBonds Dec 2031 Term Corporate ETF by 3.0% in the fourth quarter. Buffington Mohr McNeal now owns 661,768 shares of the company’s stock valued at $13,467,000 after purchasing an additional 19,245 shares in the last quarter. Confluence Investment Management LLC lifted its position in iShares iBonds Dec 2031 Term Corporate ETF by 0.6% during the fourth quarter. Confluence Investment Management LLC now owns 496,614 shares of the company’s stock worth $10,106,000 after purchasing an additional 2,958 shares during the period. Janney Montgomery Scott LLC grew its stake in iShares iBonds Dec 2031 Term Corporate ETF by 5.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 354,593 shares of the company’s stock worth $7,216,000 after buying an additional 17,447 shares in the last quarter. Finally, Lyell Wealth Management LP increased its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 501.8% in the 3rd quarter. Lyell Wealth Management LP now owns 165,800 shares of the company’s stock valued at $3,518,000 after buying an additional 138,250 shares during the period.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

Shares of NYSEARCA:IBDW opened at $20.42 on Wednesday. The firm has a 50 day moving average of $20.44 and a 200-day moving average of $20.72. iShares iBonds Dec 2031 Term Corporate ETF has a 12 month low of $19.78 and a 12 month high of $21.39.

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.