Montecito Bank & Trust Makes New Investment in iShares iBonds Dec 2030 Term Corporate ETF $IBDV

Montecito Bank & Trust purchased a new stake in iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 33,992 shares of the company’s stock, valued at approximately $753,000.

A number of other institutional investors have also made changes to their positions in IBDV. NewEdge Advisors LLC lifted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 18.4% during the 1st quarter. NewEdge Advisors LLC now owns 747,346 shares of the company’s stock worth $16,232,000 after purchasing an additional 116,011 shares during the last quarter. Janney Montgomery Scott LLC increased its position in iShares iBonds Dec 2030 Term Corporate ETF by 5.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 385,325 shares of the company’s stock worth $8,469,000 after buying an additional 19,301 shares during the period. Lyell Wealth Management LP lifted its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 3.5% during the second quarter. Lyell Wealth Management LP now owns 333,362 shares of the company’s stock worth $7,327,000 after buying an additional 11,154 shares during the last quarter. Peloton Wealth Strategists boosted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 5.7% in the second quarter. Peloton Wealth Strategists now owns 289,000 shares of the company’s stock valued at $6,352,000 after acquiring an additional 15,500 shares during the period. Finally, Parallel Advisors LLC grew its stake in shares of iShares iBonds Dec 2030 Term Corporate ETF by 10.0% in the second quarter. Parallel Advisors LLC now owns 265,684 shares of the company’s stock worth $5,840,000 after acquiring an additional 24,228 shares during the last quarter.

iShares iBonds Dec 2030 Term Corporate ETF Stock Up 0.2%

Shares of IBDV stock opened at $22.14 on Friday. iShares iBonds Dec 2030 Term Corporate ETF has a 1 year low of $21.09 and a 1 year high of $22.41. The firm’s fifty day simple moving average is $22.12 and its 200 day simple moving average is $22.02.

iShares iBonds Dec 2030 Term Corporate ETF Profile

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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 Jan 1 and Dec 15, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.