Sandy Spring Bank Grows Position in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Sandy Spring Bank boosted its position in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 3.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 238,086 shares of the company’s stock after purchasing an additional 8,776 shares during the quarter. Sandy Spring Bank’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $5,428,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IBDU. RVW Wealth LLC raised its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 1,091.5% in the fourth quarter. RVW Wealth LLC now owns 811,880 shares of the company’s stock worth $18,511,000 after purchasing an additional 743,743 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 16,778.2% in the third quarter. JPMorgan Chase & Co. now owns 242,371 shares of the company’s stock worth $5,698,000 after purchasing an additional 240,935 shares in the last quarter. Rebalance LLC bought a new position in iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter worth about $3,451,000. Spinnaker Trust raised its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 151.4% in the fourth quarter. Spinnaker Trust now owns 133,891 shares of the company’s stock worth $3,053,000 after purchasing an additional 80,623 shares in the last quarter. Finally, Centricity Wealth Management LLC bought a new position in iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter worth about $1,677,000.

iShares iBonds Dec 2029 Term Corporate ETF Trading Up 0.3 %

Shares of iShares iBonds Dec 2029 Term Corporate ETF stock opened at $23.08 on Thursday. The company has a 50-day simple moving average of $22.92 and a two-hundred day simple moving average of $23.05. iShares iBonds Dec 2029 Term Corporate ETF has a one year low of $22.24 and a one year high of $24.90.

iShares iBonds Dec 2029 Term Corporate ETF Profile

The iShares iBonds Dec 2029 Term Corporate ETF (IBDU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index of USD-denominated, investment-grade corporate bonds maturing between Jan 1 and Dec 15, 2029. IBDU was launched on Sep 17, 2019 and is managed by BlackRock.