Motley Fool Wealth Management LLC Sells 83,760 Shares of iShares iBonds Dec 2029 Term Corporate ETF $IBDU

Motley Fool Wealth Management LLC lowered its position in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 12.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 611,729 shares of the company’s stock after selling 83,760 shares during the period. iShares iBonds Dec 2029 Term Corporate ETF comprises approximately 1.1% of Motley Fool Wealth Management LLC’s holdings, making the stock its 23rd largest position. Motley Fool Wealth Management LLC owned 0.40% of iShares iBonds Dec 2029 Term Corporate ETF worth $14,318,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Prime Capital Investment Advisors LLC bought a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF during the 3rd quarter valued at about $272,000. Lyell Wealth Management LP boosted its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 9.2% during the 3rd quarter. Lyell Wealth Management LP now owns 399,233 shares of the company’s stock valued at $9,370,000 after purchasing an additional 33,497 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 201.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 160,004 shares of the company’s stock valued at $3,755,000 after purchasing an additional 107,010 shares during the last quarter. Heartland Bank & Trust Co boosted its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 16.3% during the 3rd quarter. Heartland Bank & Trust Co now owns 18,718 shares of the company’s stock valued at $439,000 after purchasing an additional 2,627 shares during the last quarter. Finally, Dearborn Partners LLC boosted its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 7.5% during the 3rd quarter. Dearborn Partners LLC now owns 26,137 shares of the company’s stock valued at $613,000 after purchasing an additional 1,833 shares during the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

IBDU opened at $23.09 on Wednesday. The firm has a 50-day simple moving average of $23.20 and a two-hundred day simple moving average of $23.33. iShares iBonds Dec 2029 Term Corporate ETF has a 52 week low of $23.02 and a 52 week high of $23.65.

iShares iBonds Dec 2029 Term Corporate ETF Company 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.