113,954 Shares of iShares iBonds Dec 2033 Term Corporate ETF $IBDY Acquired by Adirondack Trust Co.

Adirondack Trust Co. purchased a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 113,954 shares of the company’s stock, valued at approximately $2,788,000. iShares iBonds Dec 2033 Term Corporate ETF comprises about 1.0% of Adirondack Trust Co.’s investment portfolio, making the stock its 29th largest holding. Adirondack Trust Co. owned about 0.24% of iShares iBonds Dec 2033 Term Corporate ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IBDY. Janney Montgomery Scott LLC lifted its stake in iShares iBonds Dec 2033 Term Corporate ETF by 8.1% in the first quarter. Janney Montgomery Scott LLC now owns 388,257 shares of the company’s stock worth $10,036,000 after purchasing an additional 29,179 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 1.0% during the first quarter. Parallel Advisors LLC now owns 213,017 shares of the company’s stock valued at $5,506,000 after buying an additional 2,184 shares during the last quarter. Evergreen Private Wealth LLC grew its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 1.4% during the first quarter. Evergreen Private Wealth LLC now owns 135,299 shares of the company’s stock valued at $3,497,000 after buying an additional 1,928 shares during the last quarter. Roble Belko & Company Inc grew its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 1,015.7% during the first quarter. Roble Belko & Company Inc now owns 53,396 shares of the company’s stock valued at $1,380,000 after buying an additional 48,610 shares during the last quarter. Finally, Montecito Bank & Trust raised its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 4.5% in the third quarter. Montecito Bank & Trust now owns 34,545 shares of the company’s stock worth $846,000 after buying an additional 1,501 shares during the period.

iShares iBonds Dec 2033 Term Corporate ETF Trading Down 0.1%

Shares of NYSEARCA IBDY traded down $0.04 during midday trading on Wednesday, hitting $24.52. The company’s stock had a trading volume of 165,455 shares, compared to its average volume of 251,336. The business’s 50 day moving average is $24.99 and its two-hundred day moving average is $25.44. iShares iBonds Dec 2033 Term Corporate ETF has a 12-month low of $24.28 and a 12-month high of $26.52.

About iShares iBonds Dec 2033 Term Corporate ETF

The iShares iBonds Dec 2033 Term Corporate ETF (IBDY) 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, 2033, and December 15, 2033. IBDY was launched on Jun 21, 2023 and is managed by BlackRock.