iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) Shares Acquired by Parallel Advisors LLC

Parallel Advisors LLC increased its position in iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) by 2,520.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 118,375 shares of the company’s stock after buying an additional 113,857 shares during the period. Parallel Advisors LLC’s holdings in iShares iBonds Dec 2034 Term Corporate ETF were worth $3,013,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of IBDZ. Montecito Bank & Trust raised its position in shares of iShares iBonds Dec 2034 Term Corporate ETF by 6.6% in the fourth quarter. Montecito Bank & Trust now owns 16,397 shares of the company’s stock valued at $417,000 after buying an additional 1,016 shares during the last quarter. Archford Capital Strategies LLC acquired a new position in iShares iBonds Dec 2034 Term Corporate ETF during the fourth quarter worth approximately $1,925,000. Finally, Gradient Capital Advisors LLC raised its stake in iShares iBonds Dec 2034 Term Corporate ETF by 30.0% during the fourth quarter. Gradient Capital Advisors LLC now owns 9,923 shares of the company’s stock worth $253,000 after purchasing an additional 2,288 shares during the period.

iShares iBonds Dec 2034 Term Corporate ETF Trading Up 0.4 %

Shares of IBDZ opened at $25.67 on Tuesday. The company’s fifty day moving average is $25.51 and its two-hundred day moving average is $25.86. iShares iBonds Dec 2034 Term Corporate ETF has a fifty-two week low of $24.78 and a fifty-two week high of $27.57.

About iShares iBonds Dec 2034 Term Corporate ETF

The iShares iBonds Dec 2034 Term Corporate ETF (IBDZ) 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, 2034, and December 15, 2034. IBDZ was launched on May 22, 2024 and is issued by BlackRock.