Bainco International Investors lowered its stake in shares of iBonds Dec 2021 Term Corporate ETF (NYSEARCA:IBDM) by 7.3% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 48,140 shares of the company’s stock after selling 3,800 shares during the period. Bainco International Investors’ holdings in iBonds Dec 2021 Term Corporate ETF were worth $1,190,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IBDM. Financial Gravity Companies Inc. bought a new position in shares of iBonds Dec 2021 Term Corporate ETF during the 4th quarter valued at $110,000. Pinnacle Bank bought a new position in shares of iBonds Dec 2021 Term Corporate ETF during the 4th quarter valued at $126,000. Eldridge Investment Advisors Inc. bought a new position in shares of iBonds Dec 2021 Term Corporate ETF during the 4th quarter valued at $247,000. Financial Advocates Investment Management grew its holdings in shares of iBonds Dec 2021 Term Corporate ETF by 10,551.9% during the 4th quarter. Financial Advocates Investment Management now owns 42,927 shares of the company’s stock valued at $276,000 after purchasing an additional 42,524 shares during the last quarter. Finally, Spinnaker Trust bought a new position in shares of iBonds Dec 2021 Term Corporate ETF during the 1st quarter valued at $283,000.

IBDM stock opened at $24.73 on Thursday. iBonds Dec 2021 Term Corporate ETF has a 52 week low of $24.16 and a 52 week high of $24.77.

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were issued a dividend of $0.057 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend was Wednesday, May 1st.

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Want to see what other hedge funds are holding IBDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iBonds Dec 2021 Term Corporate ETF (NYSEARCA:IBDM).

Institutional Ownership by Quarter for iBonds Dec 2021 Term Corporate ETF (NYSEARCA:IBDM)

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