Atlantic Union Bankshares Corp Purchases New Shares in iShares iBonds Dec 2034 Term Corporate ETF $IBDZ

Atlantic Union Bankshares Corp acquired a new position in iShares iBonds Dec 2034 Term Corporate ETF (NYSEARCA:IBDZ) in the second quarter, Holdings Channel reports. The fund acquired 170,822 shares of the company’s stock, valued at approximately $4,464,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IBDZ. Parallel Advisors LLC grew its holdings in shares of iShares iBonds Dec 2034 Term Corporate ETF by 15.0% in the second quarter. Parallel Advisors LLC now owns 161,318 shares of the company’s stock valued at $4,215,000 after acquiring an additional 21,035 shares in the last quarter. Arrow Financial Corp boosted its position in iShares iBonds Dec 2034 Term Corporate ETF by 158.4% in the first quarter. Arrow Financial Corp now owns 148,400 shares of the company’s stock worth $3,827,000 after purchasing an additional 90,979 shares during the last quarter. OLD Mission Capital LLC boosted its position in iShares iBonds Dec 2034 Term Corporate ETF by 317.3% in the first quarter. OLD Mission Capital LLC now owns 74,897 shares of the company’s stock worth $1,931,000 after purchasing an additional 56,949 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in shares of iShares iBonds Dec 2034 Term Corporate ETF in the 1st quarter worth about $689,000. Finally, Gradient Capital Advisors LLC grew its position in iShares iBonds Dec 2034 Term Corporate ETF by 32.2% during the second quarter. Gradient Capital Advisors LLC now owns 15,159 shares of the company’s stock valued at $396,000 after buying an additional 3,691 shares during the period.

iShares iBonds Dec 2034 Term Corporate ETF Stock Up 0.4%

Shares of IBDZ stock opened at $26.38 on Friday. iShares iBonds Dec 2034 Term Corporate ETF has a 52 week low of $24.63 and a 52 week high of $26.82. The firm’s 50-day simple moving average is $26.50 and its two-hundred day simple moving average is $26.03.

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.