Sandy Spring Bank Grows Stock Position in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW)

Sandy Spring Bank boosted its stake in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) by 4.3% in the fourth quarter, Holdings Channel reports. The fund owned 254,265 shares of the company’s stock after buying an additional 10,492 shares during the quarter. Sandy Spring Bank’s holdings in iShares iBonds Dec 2031 Term Corporate ETF were worth $5,174,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 5.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 354,593 shares of the company’s stock worth $7,216,000 after acquiring an additional 17,447 shares during the period. Praetorian Wealth Management Inc. purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF in the 4th quarter worth approximately $763,000. Jones Financial Companies Lllp boosted its holdings in 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 during the period. Captrust Financial Advisors boosted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 17.2% in the 3rd quarter. Captrust Financial Advisors now owns 42,782 shares of the company’s stock worth $908,000 after acquiring an additional 6,270 shares during the period. Finally, Buffington Mohr McNeal boosted its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 3.0% in the 4th quarter. Buffington Mohr McNeal now owns 661,768 shares of the company’s stock worth $13,467,000 after acquiring an additional 19,245 shares during the period.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

NYSEARCA IBDW opened at $20.71 on Thursday. 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 business has a 50 day moving average price of $20.51 and a two-hundred day moving average price of $20.67.

About iShares iBonds Dec 2031 Term Corporate ETF

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.