Archford Capital Strategies LLC boosted its stake in shares of iBonds Dec 2019 Term Corporate ETF (NYSEARCA:IBDK) by 83.8% in the second quarter, HoldingsChannel reports. The institutional investor owned 10,197 shares of the company’s stock after purchasing an additional 4,649 shares during the period. Archford Capital Strategies LLC’s holdings in iBonds Dec 2019 Term Corporate ETF were worth $253,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Sandy Spring Bank purchased a new stake in iBonds Dec 2019 Term Corporate ETF during the 2nd quarter valued at $288,000. Chesley Taft & Associates LLC boosted its stake in iBonds Dec 2019 Term Corporate ETF by 23.5% during the 2nd quarter. Chesley Taft & Associates LLC now owns 12,600 shares of the company’s stock valued at $312,000 after purchasing an additional 2,400 shares during the last quarter. Vicus Capital boosted its stake in iBonds Dec 2019 Term Corporate ETF by 24.1% during the 1st quarter. Vicus Capital now owns 15,615 shares of the company’s stock valued at $387,000 after purchasing an additional 3,034 shares during the last quarter. Pring Turner Capital Group Inc. purchased a new stake in iBonds Dec 2019 Term Corporate ETF during the 1st quarter valued at $642,000. Finally, Exchange Capital Management Inc. boosted its stake in iBonds Dec 2019 Term Corporate ETF by 7.3% during the 2nd quarter. Exchange Capital Management Inc. now owns 41,484 shares of the company’s stock valued at $1,028,000 after purchasing an additional 2,810 shares during the last quarter.

Shares of IBDK opened at $24.77 on Friday. iBonds Dec 2019 Term Corporate ETF has a 12 month low of $24.70 and a 12 month high of $25.08.

The firm also recently announced a monthly dividend, which will be paid on Monday, September 10th. Shareholders of record on Wednesday, September 5th will be paid a dividend of $0.0438 per share. The ex-dividend date is Tuesday, September 4th. This represents a $0.53 annualized dividend and a yield of 2.12%.

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Want to see what other hedge funds are holding IBDK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iBonds Dec 2019 Term Corporate ETF (NYSEARCA:IBDK).

Institutional Ownership by Quarter for iBonds Dec 2019 Term Corporate ETF (NYSEARCA:IBDK)

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