Migdal Insurance & Financial Holdings Ltd. Invests $37,000 in iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP)

Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 1,500 shares of the company’s stock, valued at approximately $37,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in IBDP. KPP Advisory Services LLC purchased a new stake in shares of iShares iBonds Dec 2024 Term Corporate ETF during the 3rd quarter worth $298,000. RVW Wealth LLC lifted its stake in shares of iShares iBonds Dec 2024 Term Corporate ETF by 6.1% during the 4th quarter. RVW Wealth LLC now owns 595,058 shares of the company’s stock worth $14,823,000 after purchasing an additional 34,022 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of iShares iBonds Dec 2024 Term Corporate ETF by 22.5% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 147,761 shares of the company’s stock worth $3,654,000 after purchasing an additional 27,094 shares during the last quarter. Anchor Investment Management LLC purchased a new stake in shares of iShares iBonds Dec 2024 Term Corporate ETF during the 4th quarter worth $83,000. Finally, Strategic Blueprint LLC lifted its stake in shares of iShares iBonds Dec 2024 Term Corporate ETF by 6.7% during the 3rd quarter. Strategic Blueprint LLC now owns 200,532 shares of the company’s stock worth $4,959,000 after purchasing an additional 12,513 shares during the last quarter.

iShares iBonds Dec 2024 Term Corporate ETF Stock Performance

Shares of NYSEARCA IBDP opened at $25.04 on Friday. The business has a fifty day moving average price of $25.01 and a 200 day moving average price of $24.90. iShares iBonds Dec 2024 Term Corporate ETF has a 1-year low of $24.51 and a 1-year high of $25.06.

About iShares iBonds Dec 2024 Term Corporate ETF

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.