Arrow Financial Corp Raises Stake in iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV)

Arrow Financial Corp grew its stake in iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) by 1.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 645,246 shares of the company’s stock after acquiring an additional 8,516 shares during the quarter. iShares iBonds Dec 2030 Term Corporate ETF comprises approximately 1.3% of Arrow Financial Corp’s investment portfolio, making the stock its 18th biggest position. Arrow Financial Corp owned about 1.48% of iShares iBonds Dec 2030 Term Corporate ETF worth $14,305,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Farther Finance Advisors LLC increased its position in iShares iBonds Dec 2030 Term Corporate ETF by 12,188.6% during the third quarter. Farther Finance Advisors LLC now owns 4,301 shares of the company’s stock worth $95,000 after purchasing an additional 4,266 shares during the last quarter. Bogart Wealth LLC increased its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 15.9% during the 3rd quarter. Bogart Wealth LLC now owns 6,609 shares of the company’s stock worth $147,000 after buying an additional 909 shares during the last quarter. Spinnaker Trust purchased a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF during the 3rd quarter valued at approximately $232,000. Newman Dignan & Sheerar Inc. lifted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 5.7% in the second quarter. Newman Dignan & Sheerar Inc. now owns 14,062 shares of the company’s stock valued at $299,000 after acquiring an additional 759 shares during the last quarter. Finally, Comerica Bank lifted its holdings in iShares iBonds Dec 2030 Term Corporate ETF by 100.0% in the first quarter. Comerica Bank now owns 19,042 shares of the company’s stock valued at $407,000 after acquiring an additional 9,523 shares during the last quarter.

iShares iBonds Dec 2030 Term Corporate ETF Price Performance

IBDV stock opened at $21.60 on Friday. iShares iBonds Dec 2030 Term Corporate ETF has a 52-week low of $20.29 and a 52-week high of $22.43. The business has a fifty day moving average of $21.92 and a two-hundred day moving average of $21.58.

iShares iBonds Dec 2030 Term Corporate ETF Company Profile

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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 Jan 1 and Dec 15, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.