Lyell Wealth Management LP Acquires Shares of 89,550 iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX)

Lyell Wealth Management LP bought a new position in iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) during the fourth quarter, HoldingsChannel.com reports. The fund bought 89,550 shares of the company’s stock, valued at approximately $2,259,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. First Interstate Bank purchased a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF during the fourth quarter valued at $22,673,000. Sandy Spring Bank lifted its stake in iShares iBonds Dec 2032 Term Corporate ETF by 21.3% during the 4th quarter. Sandy Spring Bank now owns 114,032 shares of the company’s stock valued at $2,877,000 after acquiring an additional 20,032 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of iShares iBonds Dec 2032 Term Corporate ETF by 3.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 108,310 shares of the company’s stock valued at $2,543,000 after acquiring an additional 3,672 shares during the last quarter. Archford Capital Strategies LLC grew its stake in shares of iShares iBonds Dec 2032 Term Corporate ETF by 106.4% in the fourth quarter. Archford Capital Strategies LLC now owns 82,457 shares of the company’s stock worth $2,080,000 after acquiring an additional 42,508 shares during the period. Finally, Gradient Capital Advisors LLC raised its holdings in shares of iShares iBonds Dec 2032 Term Corporate ETF by 48.2% during the fourth quarter. Gradient Capital Advisors LLC now owns 23,473 shares of the company’s stock valued at $592,000 after purchasing an additional 7,632 shares during the last quarter.

iShares iBonds Dec 2032 Term Corporate ETF Trading Down 0.3 %

IBDX stock traded down $0.07 on Thursday, hitting $24.04. The company had a trading volume of 74,146 shares, compared to its average volume of 147,374. The stock’s 50-day simple moving average is $24.54 and its 200 day simple moving average is $24.37. iShares iBonds Dec 2032 Term Corporate ETF has a 12-month low of $22.67 and a 12-month high of $26.07.

iShares iBonds Dec 2032 Term Corporate ETF Profile

The iShares iBonds Dec 2032 Term Corporate ETF (IBDX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment grade corporate bonds maturing between January 1, 2032 and December 15, 2032. IBDX was launched on Jun 28, 2022 and is managed by BlackRock.