Praetorian Wealth Management Inc. Raises Stake in iShares iBonds Dec 2031 Term Corporate ETF $IBDW

Praetorian Wealth Management Inc. increased its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) by 18.3% in the fourth quarter, Holdings Channel reports. The firm owned 269,037 shares of the company’s stock after acquiring an additional 41,686 shares during the period. iShares iBonds Dec 2031 Term Corporate ETF accounts for 1.1% of Praetorian Wealth Management Inc.’s investment portfolio, making the stock its 24th biggest position. Praetorian Wealth Management Inc.’s holdings in iShares iBonds Dec 2031 Term Corporate ETF were worth $5,690,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of IBDW. Ameriprise Financial Inc. raised its holdings in iShares iBonds Dec 2031 Term Corporate ETF by 32.7% in the third quarter. Ameriprise Financial Inc. now owns 2,076,772 shares of the company’s stock valued at $44,108,000 after buying an additional 511,560 shares during the period. NewEdge Advisors LLC grew its stake in iShares iBonds Dec 2031 Term Corporate ETF by 30.1% during the third quarter. NewEdge Advisors LLC now owns 1,136,720 shares of the company’s stock worth $24,121,000 after buying an additional 262,710 shares during the period. JPMorgan Chase & Co. grew its stake in iShares iBonds Dec 2031 Term Corporate ETF by 122.3% during the third quarter. JPMorgan Chase & Co. now owns 319,029 shares of the company’s stock worth $6,770,000 after buying an additional 175,548 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of iShares iBonds Dec 2031 Term Corporate ETF in the second quarter worth $793,000. Finally, Lyell Wealth Management LP increased its position in shares of iShares iBonds Dec 2031 Term Corporate ETF by 13.1% in the third quarter. Lyell Wealth Management LP now owns 286,096 shares of the company’s stock worth $6,071,000 after acquiring an additional 33,096 shares in the last quarter.

iShares iBonds Dec 2031 Term Corporate ETF Price Performance

Shares of IBDW stock opened at $20.76 on Monday. The company’s fifty day simple moving average is $21.12 and its 200-day simple moving average is $21.17. iShares iBonds Dec 2031 Term Corporate ETF has a 52 week low of $20.08 and a 52 week high of $21.78.

iShares iBonds Dec 2031 Term Corporate ETF Company 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.