Montecito Bank & Trust increased its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU – Free Report) by 90.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 34,821 shares of the company’s stock after acquiring an additional 16,581 shares during the quarter. Montecito Bank & Trust’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $819,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IBDU. Arrow Financial Corp increased its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 2.2% during the 2nd quarter. Arrow Financial Corp now owns 589,504 shares of the company’s stock worth $13,364,000 after buying an additional 12,936 shares during the last quarter. Janney Montgomery Scott LLC grew its position in iShares iBonds Dec 2029 Term Corporate ETF by 7.0% in the third quarter. Janney Montgomery Scott LLC now owns 321,808 shares of the company’s stock worth $7,566,000 after acquiring an additional 20,983 shares during the period. Lyell Wealth Management LP increased its stake in iShares iBonds Dec 2029 Term Corporate ETF by 23.3% during the third quarter. Lyell Wealth Management LP now owns 305,924 shares of the company’s stock worth $7,192,000 after acquiring an additional 57,724 shares during the last quarter. Peloton Wealth Strategists raised its position in iShares iBonds Dec 2029 Term Corporate ETF by 3.7% in the second quarter. Peloton Wealth Strategists now owns 265,000 shares of the company’s stock valued at $6,008,000 after purchasing an additional 9,500 shares during the period. Finally, Praetorian Wealth Management Inc. raised its position in iShares iBonds Dec 2029 Term Corporate ETF by 0.9% in the third quarter. Praetorian Wealth Management Inc. now owns 189,348 shares of the company’s stock valued at $4,452,000 after purchasing an additional 1,770 shares during the period.
iShares iBonds Dec 2029 Term Corporate ETF Trading Up 0.7 %
NYSEARCA IBDU opened at $23.04 on Friday. The stock has a fifty day simple moving average of $23.30 and a 200-day simple moving average of $22.96. iShares iBonds Dec 2029 Term Corporate ETF has a twelve month low of $21.79 and a twelve month 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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Want to see what other hedge funds are holding IBDU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU – Free Report).
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