Arrow Financial Corp Raises Stake in iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV)

Arrow Financial Corp raised its position in iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) by 1.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 645,246 shares of the company’s stock after purchasing an additional 8,516 shares during the period. iShares iBonds Dec 2030 Term Corporate ETF accounts for 1.3% of Arrow Financial Corp’s investment portfolio, making the stock its 18th largest holding. Arrow Financial Corp’s holdings in iShares iBonds Dec 2030 Term Corporate ETF were worth $14,305,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Newman Dignan & Sheerar Inc. raised its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 5.7% during the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 14,062 shares of the company’s stock worth $299,000 after acquiring an additional 759 shares in the last quarter. Bogart Wealth LLC lifted its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 15.9% during the 3rd quarter. Bogart Wealth LLC now owns 6,609 shares of the company’s stock worth $147,000 after buying an additional 909 shares during the last quarter. Oak Family Advisors LLC boosted its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 0.6% in the 2nd quarter. Oak Family Advisors LLC now owns 209,082 shares of the company’s stock valued at $4,445,000 after buying an additional 1,321 shares in the last quarter. Farmers National Bank grew its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 3.5% in the 2nd quarter. Farmers National Bank now owns 42,982 shares of the company’s stock valued at $914,000 after buying an additional 1,455 shares during the last quarter. Finally, Archford Capital Strategies LLC raised its stake in iShares iBonds Dec 2030 Term Corporate ETF by 3.4% during the 2nd quarter. Archford Capital Strategies LLC now owns 60,892 shares of the company’s stock worth $1,295,000 after acquiring an additional 2,008 shares in the last quarter.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

NYSEARCA IBDV opened at $21.60 on Friday. The company has a fifty day moving average of $21.92 and a two-hundred day moving average of $21.58. iShares iBonds Dec 2030 Term Corporate ETF has a 1 year low of $20.29 and a 1 year high of $22.43.

About iShares iBonds Dec 2030 Term Corporate ETF

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.