Praetorian Wealth Management Inc. Buys 323,354 Shares of iShares iBonds Dec 2031 Term Corporate ETF $IBDW

Praetorian Wealth Management Inc. purchased a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) in the third quarter, Holdings Channel reports. The firm purchased 323,354 shares of the company’s stock, valued at approximately $6,486,000. iShares iBonds Dec 2031 Term Corporate ETF makes up about 1.1% of Praetorian Wealth Management Inc.’s portfolio, making the stock its 21st biggest position.

Several other institutional investors have also added to or reduced their stakes in the company. Bullock Wealth Management Group bought a new stake in iShares iBonds Dec 2031 Term Corporate ETF in the 3rd quarter worth $1,505,000. Farther Finance Advisors LLC purchased a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF in the third quarter valued at about $412,000. Bank of New Hampshire bought a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF during the third quarter valued at about $1,213,000. RVW Wealth LLC bought a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF during the third quarter valued at about $332,000. Finally, Sarver Vrooman Wealth Advisors bought a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF during the third quarter valued at about $45,444,000.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

Shares of iShares iBonds Dec 2031 Term Corporate ETF stock traded up $0.02 during trading on Friday, reaching $20.18. 582,384 shares of the stock were exchanged, compared to its average volume of 614,090. The stock’s fifty day moving average is $20.34 and its 200 day moving average is $20.64. iShares iBonds Dec 2031 Term Corporate ETF has a 1 year low of $19.93 and a 1 year high of $21.44.

iShares iBonds Dec 2031 Term Corporate ETF Profile

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) 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, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.