MTM Investment Management LLC Acquires 21,484 Shares of iShares iBonds Dec 2028 Term Corporate ETF $IBDT

MTM Investment Management LLC grew its holdings in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) by 70.5% in the first quarter, Holdings Channel reports. The firm owned 51,949 shares of the company’s stock after buying an additional 21,484 shares during the quarter. MTM Investment Management LLC’s holdings in iShares iBonds Dec 2028 Term Corporate ETF were worth $1,316,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. RVW Wealth LLC boosted its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 11.0% during the fourth quarter. RVW Wealth LLC now owns 1,088,657 shares of the company’s stock valued at $27,712,000 after buying an additional 108,285 shares during the last quarter. Rebalance LLC increased its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 86.3% in the 4th quarter. Rebalance LLC now owns 734,069 shares of the company’s stock worth $18,686,000 after buying an additional 340,113 shares in the last quarter. Farther Finance Advisors LLC raised its position in iShares iBonds Dec 2028 Term Corporate ETF by 327.3% in the 4th quarter. Farther Finance Advisors LLC now owns 48,763 shares of the company’s stock worth $1,241,000 after buying an additional 37,351 shares during the last quarter. Parallel Advisors LLC raised its position in iShares iBonds Dec 2028 Term Corporate ETF by 12.1% in the 4th quarter. Parallel Advisors LLC now owns 290,513 shares of the company’s stock worth $7,446,000 after buying an additional 31,330 shares during the last quarter. Finally, Roble Belko & Company Inc raised its position in iShares iBonds Dec 2028 Term Corporate ETF by 244.6% in the 1st quarter. Roble Belko & Company Inc now owns 92,430 shares of the company’s stock worth $2,341,000 after buying an additional 65,608 shares during the last quarter.

iShares iBonds Dec 2028 Term Corporate ETF Stock Performance

IBDT opened at $25.20 on Friday. The company’s 50-day simple moving average is $25.21 and its two-hundred day simple moving average is $25.33. iShares iBonds Dec 2028 Term Corporate ETF has a 52-week low of $25.11 and a 52-week high of $25.74.

iShares iBonds Dec 2028 Term Corporate ETF Company Profile

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.