Adirondack Trust Co. raised its stake in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU – Free Report) by 98.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 84,629 shares of the company’s stock after acquiring an additional 41,898 shares during the period. Adirondack Trust Co.’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $1,929,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the stock. First United Bank & Trust acquired a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter valued at about $47,000. Farther Finance Advisors LLC lifted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 6,842.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,430 shares of the company’s stock valued at $57,000 after purchasing an additional 2,395 shares during the period. Bogart Wealth LLC lifted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 15.2% in the 3rd quarter. Bogart Wealth LLC now owns 6,507 shares of the company’s stock valued at $153,000 after purchasing an additional 857 shares during the period. First Interstate Bank acquired a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF in the 3rd quarter valued at about $204,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 64.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 16,099 shares of the company’s stock valued at $365,000 after purchasing an additional 6,283 shares during the period.
iShares iBonds Dec 2029 Term Corporate ETF Price Performance
Shares of NYSEARCA:IBDU opened at $22.82 on Thursday. The business’s 50-day moving average is $22.89 and its 200-day moving average is $23.08. iShares iBonds Dec 2029 Term Corporate ETF has a 1 year low of $22.24 and a 1 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.
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