Parallel Advisors LLC Acquires 41,435 Shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW)

Parallel Advisors LLC lifted its position in shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) by 19.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 254,468 shares of the company’s stock after buying an additional 41,435 shares during the quarter. Parallel Advisors LLC owned approximately 0.64% of iShares iBonds Dec 2031 Term Corporate ETF worth $5,178,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Captrust Financial Advisors boosted its position in iShares iBonds Dec 2031 Term Corporate ETF by 17.2% during the third quarter. Captrust Financial Advisors now owns 42,782 shares of the company’s stock valued at $908,000 after purchasing an additional 6,270 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 9.2% in the third quarter. Integrated Wealth Concepts LLC now owns 26,762 shares of the company’s stock worth $568,000 after purchasing an additional 2,252 shares during the last quarter. Peloton Wealth Strategists raised its position in iShares iBonds Dec 2031 Term Corporate ETF by 23.1% during the third quarter. Peloton Wealth Strategists now owns 147,700 shares of the company’s stock valued at $3,134,000 after acquiring an additional 27,700 shares in the last quarter. Confluence Investment Management LLC raised 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 valued at $10,106,000 after acquiring an additional 2,958 shares in the last quarter. Finally, Bank of New Hampshire raised its position in iShares iBonds Dec 2031 Term Corporate ETF by 22.7% during the fourth quarter. Bank of New Hampshire now owns 37,015 shares of the company’s stock valued at $753,000 after acquiring an additional 6,840 shares in the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Price Performance

Shares of IBDW opened at $20.58 on Tuesday. iShares iBonds Dec 2031 Term Corporate ETF has a 12 month low of $19.78 and a 12 month high of $21.39. The stock’s 50 day moving average is $20.49 and its two-hundred day moving average is $20.68.

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.