Shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU – Get Free Report) reached a new 52-week low on Tuesday . The company traded as low as $22.92 and last traded at $22.94, with a volume of 24503 shares changing hands. The stock had previously closed at $23.05.
iShares iBonds Dec 2029 Term Corporate ETF Stock Performance
The stock’s 50 day moving average is $23.07 and its 200-day moving average is $23.19.
Institutional Trading of iShares iBonds Dec 2029 Term Corporate ETF
Several hedge funds have recently made changes to their positions in IBDU. RVW Wealth LLC lifted its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 5.4% in the 2nd quarter. RVW Wealth LLC now owns 1,210,684 shares of the company’s stock valued at $28,039,000 after acquiring an additional 61,905 shares during the last quarter. Captrust Financial Advisors increased its stake in iShares iBonds Dec 2029 Term Corporate ETF by 15.4% during the fourth quarter. Captrust Financial Advisors now owns 590,443 shares of the company’s stock worth $13,819,000 after acquiring an additional 78,809 shares during the last quarter. Lyell Wealth Management LP increased its stake in iShares iBonds Dec 2029 Term Corporate ETF by 21.7% during the fourth quarter. Lyell Wealth Management LP now owns 486,066 shares of the company’s stock worth $11,376,000 after acquiring an additional 86,833 shares during the last quarter. Spinnaker Trust raised its position in iShares iBonds Dec 2029 Term Corporate ETF by 34.8% during the first quarter. Spinnaker Trust now owns 410,790 shares of the company’s stock valued at $9,555,000 after purchasing an additional 106,073 shares during the period. Finally, Peloton Wealth Strategists raised its position in iShares iBonds Dec 2029 Term Corporate ETF by 9.8% during the fourth quarter. Peloton Wealth Strategists now owns 375,595 shares of the company’s stock valued at $8,791,000 after purchasing an additional 33,445 shares during the period.
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.
Further Reading
- Five stocks we like better than iShares iBonds Dec 2029 Term Corporate ETF
- Analysts See Major Upside for This Top-10 Performing S&P 500 Stock
- Cook Out, Silicon In: Will Ternus Trigger Apple’s Edge AI Boom?
- Qualcomm’s AI Ambitions Run Into a Smartphone Reality Check
- Palantir’s Sovereign AI Pitch Tests Microsoft’s Cloud-First AI Bet
Receive News & Ratings for iShares iBonds Dec 2029 Term Corporate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBonds Dec 2029 Term Corporate ETF and related companies with MarketBeat.com's FREE daily email newsletter.
