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

Motley Fool Wealth Management LLC bought a new stake in iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 679,423 shares of the company’s stock, valued at approximately $13,802,000. Motley Fool Wealth Management LLC owned approximately 1.70% of iShares iBonds Dec 2031 Term Corporate ETF as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IBDW. First United Bank & Trust bought a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF in the fourth quarter valued at approximately $47,000. Crews Bank & Trust bought a new position in iShares iBonds Dec 2031 Term Corporate ETF in the 4th quarter valued at $92,000. Bogart Wealth LLC purchased a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF during the 4th quarter valued at $107,000. Jones Financial Companies Lllp raised its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 101.6% during the 4th quarter. Jones Financial Companies Lllp now owns 12,472 shares of the company’s stock worth $254,000 after purchasing an additional 6,287 shares during the period. Finally, RVW Wealth LLC purchased a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF in the 4th quarter worth about $278,000.

iShares iBonds Dec 2031 Term Corporate ETF Price Performance

iShares iBonds Dec 2031 Term Corporate ETF stock opened at $20.67 on Wednesday. The firm has a 50 day moving average price of $20.55 and a 200-day moving average price of $20.66. iShares iBonds Dec 2031 Term Corporate ETF has a twelve month low of $19.78 and a twelve 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.