Motley Fool Wealth Management LLC Sells 50,896 Shares of iBonds Dec 2023 Term Corporate ETF (IBDO)

Motley Fool Wealth Management LLC lessened its position in iBonds Dec 2023 Term Corporate ETF (NYSEARCA:IBDO) by 4.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,018,010 shares of the company’s stock after selling 50,896 shares during the period. iBonds Dec 2023 Term Corporate ETF makes up 1.6% of Motley Fool Wealth Management LLC’s portfolio, making the stock its 19th biggest position. Motley Fool Wealth Management LLC’s holdings in iBonds Dec 2023 Term Corporate ETF were worth $25,460,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its holdings in shares of iBonds Dec 2023 Term Corporate ETF by 23.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 20,784 shares of the company’s stock worth $505,000 after acquiring an additional 3,896 shares during the period. Asset Dedication LLC increased its holdings in shares of iBonds Dec 2023 Term Corporate ETF by 695.2% in the 1st quarter. Asset Dedication LLC now owns 24,763 shares of the company’s stock worth $615,000 after acquiring an additional 21,649 shares during the period. Exchange Capital Management Inc. increased its holdings in shares of iBonds Dec 2023 Term Corporate ETF by 12.6% in the 4th quarter. Exchange Capital Management Inc. now owns 46,541 shares of the company’s stock worth $1,126,000 after acquiring an additional 5,198 shares during the period. First Fiduciary Investment Counsel Inc. acquired a new stake in shares of iBonds Dec 2023 Term Corporate ETF in the 4th quarter worth about $172,000. Finally, CORDA Investment Management LLC. increased its holdings in shares of iBonds Dec 2023 Term Corporate ETF by 27.8% in the 4th quarter. CORDA Investment Management LLC. now owns 192,810 shares of the company’s stock worth $4,664,000 after acquiring an additional 41,895 shares during the period.

IBDO stock opened at $25.00 on Friday. iBonds Dec 2023 Term Corporate ETF has a fifty-two week low of $23.96 and a fifty-two week high of $25.08.

The business also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were paid a dividend of $0.0643 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $0.77 annualized dividend and a yield of 3.08%.

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Institutional Ownership by Quarter for iBonds Dec 2023 Term Corporate ETF (NYSEARCA:IBDO)

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