Shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU – Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as $22.90 and last traded at $22.9370, with a volume of 612494 shares traded. The stock had previously closed at $22.94.
iShares iBonds Dec 2029 Term Corporate ETF Trading Down 0.1%
The firm’s 50-day moving average price is $23.05 and its two-hundred day moving average price is $23.17.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. RVW Wealth LLC increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 5.4% during 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 in the last quarter. Captrust Financial Advisors grew its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 15.4% in the fourth quarter. Captrust Financial Advisors now owns 590,443 shares of the company’s stock valued at $13,819,000 after purchasing an additional 78,809 shares during the period. Lyell Wealth Management LP increased its stake in iShares iBonds Dec 2029 Term Corporate ETF by 21.7% in the fourth quarter. Lyell Wealth Management LP now owns 486,066 shares of the company’s stock valued at $11,376,000 after purchasing an additional 86,833 shares during the last quarter. Spinnaker Trust increased its stake in iShares iBonds Dec 2029 Term Corporate ETF by 34.8% in 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 last quarter. Finally, Peloton Wealth Strategists lifted 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 worth $8,791,000 after buying an additional 33,445 shares during the period.
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.
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