Arrow Financial Corp Purchases 22,170 Shares of iShares iBonds Dec 2032 Term Corporate ETF $IBDX

Arrow Financial Corp grew its position in iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) by 3.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 599,146 shares of the company’s stock after acquiring an additional 22,170 shares during the quarter. iShares iBonds Dec 2032 Term Corporate ETF comprises 1.5% of Arrow Financial Corp’s investment portfolio, making the stock its 14th largest holding. Arrow Financial Corp’s holdings in iShares iBonds Dec 2032 Term Corporate ETF were worth $15,296,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Atlantic Union Bankshares Corp raised its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 36.8% in the 4th quarter. Atlantic Union Bankshares Corp now owns 315,958 shares of the company’s stock valued at $8,066,000 after purchasing an additional 85,012 shares during the last quarter. Bogart Wealth LLC purchased a new position in shares of iShares iBonds Dec 2032 Term Corporate ETF in the 4th quarter valued at approximately $56,000. Evergreen Private Wealth LLC raised its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 5.0% in the 4th quarter. Evergreen Private Wealth LLC now owns 136,152 shares of the company’s stock valued at $3,476,000 after purchasing an additional 6,508 shares during the last quarter. Newman Dignan & Sheerar Inc. raised its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 11.6% in the 4th quarter. Newman Dignan & Sheerar Inc. now owns 9,449 shares of the company’s stock valued at $241,000 after purchasing an additional 985 shares during the last quarter. Finally, Crews Bank & Trust raised its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 91.8% in the 4th quarter. Crews Bank & Trust now owns 5,755 shares of the company’s stock valued at $147,000 after purchasing an additional 2,755 shares during the last quarter.

iShares iBonds Dec 2032 Term Corporate ETF Price Performance

Shares of iShares iBonds Dec 2032 Term Corporate ETF stock opened at $25.04 on Monday. The company has a 50 day moving average price of $25.29 and a 200 day moving average price of $25.48. iShares iBonds Dec 2032 Term Corporate ETF has a 52 week low of $24.55 and a 52 week high of $26.77.

iShares iBonds Dec 2032 Term Corporate ETF Company 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.