Confluence Investment Management LLC Takes Position in iShares iBonds Dec 2032 Term Corporate ETF $IBDX

Confluence Investment Management LLC purchased a new stake in shares of iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 298,135 shares of the company’s stock, valued at approximately $7,611,000.

A number of other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. purchased a new position in iShares iBonds Dec 2032 Term Corporate ETF during the third quarter worth $1,283,000. Farmers National Bank raised its stake in shares of iShares iBonds Dec 2032 Term Corporate ETF by 10.5% in the third quarter. Farmers National Bank now owns 30,941 shares of the company’s stock valued at $793,000 after acquiring an additional 2,931 shares during the period. IFP Advisors Inc lifted its holdings in shares of iShares iBonds Dec 2032 Term Corporate ETF by 2.8% in the 3rd quarter. IFP Advisors Inc now owns 33,176 shares of the company’s stock worth $850,000 after acquiring an additional 888 shares during the last quarter. Peloton Wealth Strategists lifted its holdings in shares of iShares iBonds Dec 2032 Term Corporate ETF by 6.7% in the 3rd quarter. Peloton Wealth Strategists now owns 56,000 shares of the company’s stock worth $1,435,000 after acquiring an additional 3,500 shares during the last quarter. Finally, United Capital Financial Advisors LLC boosted its stake in shares of iShares iBonds Dec 2032 Term Corporate ETF by 5.5% during the 3rd quarter. United Capital Financial Advisors LLC now owns 59,092 shares of the company’s stock worth $1,514,000 after purchasing an additional 3,082 shares during the period.

iShares iBonds Dec 2032 Term Corporate ETF Trading Down 0.8%

Shares of NYSEARCA:IBDX opened at $25.09 on Friday. iShares iBonds Dec 2032 Term Corporate ETF has a 12 month low of $24.05 and a 12 month high of $26.77. The firm’s 50-day moving average is $25.56 and its 200 day moving average is $25.59.

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.