First Interstate Bank Acquires 1,050,185 Shares of iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX)

First Interstate Bank raised its holdings in shares of iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) by 96.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,136,419 shares of the company’s stock after purchasing an additional 1,050,185 shares during the quarter. iShares iBonds Dec 2032 Term Corporate ETF makes up 3.5% of First Interstate Bank’s holdings, making the stock its 7th biggest position. First Interstate Bank owned about 0.08% of iShares iBonds Dec 2032 Term Corporate ETF worth $52,470,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Arrow Financial Corp lifted its position in iShares iBonds Dec 2032 Term Corporate ETF by 3.3% during the second quarter. Arrow Financial Corp now owns 573,019 shares of the company’s stock worth $14,073,000 after acquiring an additional 18,130 shares during the last quarter. Arkadios Wealth Advisors acquired a new stake in iShares iBonds Dec 2032 Term Corporate ETF during the 2nd quarter worth approximately $220,000. Montecito Bank & Trust boosted its stake in iShares iBonds Dec 2032 Term Corporate ETF by 50.5% in the 2nd quarter. Montecito Bank & Trust now owns 18,325 shares of the company’s stock valued at $450,000 after purchasing an additional 6,151 shares during the period. Archford Capital Strategies LLC grew its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 5.8% in the 2nd quarter. Archford Capital Strategies LLC now owns 86,448 shares of the company’s stock valued at $2,123,000 after buying an additional 4,747 shares in the last quarter. Finally, Adirondack Trust Co. increased its position in iShares iBonds Dec 2032 Term Corporate ETF by 67.6% during the 2nd quarter. Adirondack Trust Co. now owns 8,747 shares of the company’s stock worth $215,000 after buying an additional 3,529 shares during the period.

iShares iBonds Dec 2032 Term Corporate ETF Price Performance

IBDX opened at $25.64 on Tuesday. The stock has a fifty day moving average of $25.11 and a 200-day moving average of $24.72. iShares iBonds Dec 2032 Term Corporate ETF has a fifty-two week low of $22.67 and a fifty-two week high of $26.07.

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.