ISHARES Tr/VAR RATE IBONDS DEC (IBDN) Position Raised by Exchange Capital Management Inc.

Exchange Capital Management Inc. increased its holdings in shares of ISHARES Tr/VAR RATE IBONDS DEC (NYSEARCA:IBDN) by 13.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,488 shares of the company’s stock after purchasing an additional 4,395 shares during the quarter. Exchange Capital Management Inc. owned approximately 0.19% of ISHARES Tr/VAR RATE IBONDS DEC worth $912,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Archford Capital Strategies LLC purchased a new stake in ISHARES Tr/VAR RATE IBONDS DEC during the first quarter worth approximately $136,000. Bainco International Investors lifted its stake in ISHARES Tr/VAR RATE IBONDS DEC by 9.1% during the second quarter. Bainco International Investors now owns 28,081 shares of the company’s stock worth $683,000 after purchasing an additional 2,334 shares during the last quarter. Comprehensive Portfolio Management LLC purchased a new stake in ISHARES Tr/VAR RATE IBONDS DEC during the second quarter worth approximately $1,177,000. Leavell Investment Management Inc. lifted its stake in ISHARES Tr/VAR RATE IBONDS DEC by 18.4% during the second quarter. Leavell Investment Management Inc. now owns 58,025 shares of the company’s stock worth $1,412,000 after purchasing an additional 9,025 shares during the last quarter. Finally, Timber Creek Capital Management LLC lifted its stake in ISHARES Tr/VAR RATE IBONDS DEC by 28.9% during the first quarter. Timber Creek Capital Management LLC now owns 60,719 shares of the company’s stock worth $1,488,000 after purchasing an additional 13,628 shares during the last quarter.

IBDN stock traded up $0.03 during trading on Thursday, hitting $24.31. 143,387 shares of the company’s stock were exchanged, compared to its average volume of 107,954. ISHARES Tr/VAR RATE IBONDS DEC has a 52-week low of $24.19 and a 52-week high of $25.42.

The firm also recently announced a monthly dividend, which will be paid on Tuesday, August 7th. Investors of record on Thursday, August 2nd will be paid a dividend of $0.0583 per share. This represents a $0.70 annualized dividend and a yield of 2.88%. The ex-dividend date is Wednesday, August 1st.

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Institutional Ownership by Quarter for ISHARES Tr/VAR RATE IBONDS DEC (NYSEARCA:IBDN)

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