Beaumont Financial Advisors LLC Makes New Investment in iShares iBonds Dec 2029 Term Corporate ETF $IBDU

Beaumont Financial Advisors LLC purchased a new stake in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 51,362 shares of the company’s stock, valued at approximately $1,195,000.

Several other institutional investors have also modified their holdings of IBDU. Bank of New York Mellon Corp raised its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 105.6% in the first quarter. Bank of New York Mellon Corp now owns 33,098 shares of the company’s stock valued at $770,000 after acquiring an additional 17,003 shares in the last quarter. Beacon Financial Group grew its stake in iShares iBonds Dec 2029 Term Corporate ETF by 3.2% during the 1st quarter. Beacon Financial Group now owns 76,249 shares of the company’s stock worth $1,774,000 after purchasing an additional 2,348 shares in the last quarter. Mosaic Family Wealth Partners LLC grew its stake in iShares iBonds Dec 2029 Term Corporate ETF by 99.6% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 22,570 shares of the company’s stock worth $525,000 after purchasing an additional 11,264 shares in the last quarter. Bogart Wealth LLC increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 48.6% during the 1st quarter. Bogart Wealth LLC now owns 8,457 shares of the company’s stock worth $197,000 after purchasing an additional 2,764 shares during the period. Finally, Harbor Investment Advisory LLC increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 30.0% during the 1st quarter. Harbor Investment Advisory LLC now owns 84,646 shares of the company’s stock worth $1,969,000 after purchasing an additional 19,554 shares during the period.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

IBDU stock opened at $23.09 on Friday. The business’s 50-day moving average is $23.12 and its two-hundred day moving average is $23.27. iShares iBonds Dec 2029 Term Corporate ETF has a 1 year low of $23.00 and a 1 year high of $23.65.

About iShares iBonds Dec 2029 Term Corporate ETF

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.