Kovitz Investment Group Partners LLC Purchases 54,584 Shares of iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP)

Kovitz Investment Group Partners LLC boosted its position in iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) by 231.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 78,200 shares of the company’s stock after acquiring an additional 54,584 shares during the period. Kovitz Investment Group Partners LLC owned 0.07% of iShares iBonds Dec 2024 Term Corporate ETF worth $1,971,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kennebec Savings Bank acquired a new position in iShares iBonds Dec 2024 Term Corporate ETF during the 3rd quarter valued at about $29,000. Godshalk Welsh Capital Management Inc. acquired a new stake in iShares iBonds Dec 2024 Term Corporate ETF during the 2nd quarter worth $209,000. Arkadios Wealth Advisors bought a new stake in shares of iShares iBonds Dec 2024 Term Corporate ETF during the 3rd quarter valued at $315,000. L.M. Kohn & Company lifted its stake in shares of iShares iBonds Dec 2024 Term Corporate ETF by 30.2% in the 3rd quarter. L.M. Kohn & Company now owns 13,132 shares of the company’s stock valued at $331,000 after purchasing an additional 3,046 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in shares of iShares iBonds Dec 2024 Term Corporate ETF by 2.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 20,511 shares of the company’s stock worth $514,000 after purchasing an additional 398 shares during the last quarter.

iShares iBonds Dec 2024 Term Corporate ETF Stock Performance

NYSEARCA IBDP opened at $25.13 on Tuesday. iShares iBonds Dec 2024 Term Corporate ETF has a 12 month low of $24.81 and a 12 month high of $25.22. The stock has a 50-day simple moving average of $25.15 and a 200 day simple moving average of $25.13.

iShares iBonds Dec 2024 Term Corporate ETF Company Profile

The iShares iBonds Dec 2024 Term Corporate ETF (IBDP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a global index of USD-denominated, investment-grade corporate bonds maturing between Dec 31, 2023 and Jan 1, 2025. IBDP was launched on Mar 11, 2015 and is managed by BlackRock.