iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Announces Dividend Increase – $0.09 Per Share

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDWGet Free Report) announced a dividend on Thursday, November 23rd, NASDAQ reports. Stockholders of record on Tuesday, April 2nd will be paid a dividend of 0.0855 per share on Friday, April 5th. The ex-dividend date of this dividend is Monday, April 1st. This is a positive change from iShares iBonds Dec 2031 Term Corporate ETF’s previous dividend of $0.08.

iShares iBonds Dec 2031 Term Corporate ETF Stock Performance

NYSEARCA:IBDW opened at $20.49 on Friday. iShares iBonds Dec 2031 Term Corporate ETF has a 52 week low of $18.77 and a 52 week high of $21.25. The company has a fifty day simple moving average of $20.41 and a two-hundred day simple moving average of $20.03.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp raised its position in iShares iBonds Dec 2031 Term Corporate ETF by 2.6% in the 1st quarter. Bank of New York Mellon Corp now owns 107,369 shares of the company’s stock valued at $2,216,000 after purchasing an additional 2,671 shares in the last quarter. Peloton Wealth Strategists increased its stake in shares of iShares iBonds Dec 2031 Term Corporate ETF by 192.9% during the fourth quarter. Peloton Wealth Strategists now owns 102,500 shares of the company’s stock worth $2,129,000 after buying an additional 67,500 shares during the period. JPMorgan Chase & Co. acquired a new stake in iShares iBonds Dec 2031 Term Corporate ETF in the second quarter valued at approximately $1,032,000. Captrust Financial Advisors purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF in the fourth quarter worth approximately $577,000. Finally, Ameriprise Financial Inc. purchased a new position in iShares iBonds Dec 2031 Term Corporate ETF in the third quarter worth approximately $334,000.

iShares iBonds Dec 2031 Term Corporate ETF Company Profile

(Get Free Report)

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.

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