384,700 Shares of iShares iBonds Dec 2029 Term Corporate ETF $IBDU Purchased by Parallel Advisors LLC

Parallel Advisors LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 384,700 shares of the company’s stock, valued at approximately $8,729,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Lyell Wealth Management LP purchased a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF during the third quarter valued at approximately $13,025,000. Evergreen Private Wealth LLC purchased a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the 3rd quarter worth approximately $3,883,000. Arrow Financial Corp acquired a new position in iShares iBonds Dec 2029 Term Corporate ETF in the 3rd quarter valued at $14,801,000. Bradley & Co. Private Wealth Management LLC acquired a new position in iShares iBonds Dec 2029 Term Corporate ETF in the 3rd quarter valued at $389,000. Finally, ADG Wealth Management Group LLC acquired a new position in iShares iBonds Dec 2029 Term Corporate ETF in the 3rd quarter valued at $575,000.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

Shares of iShares iBonds Dec 2029 Term Corporate ETF stock opened at $22.82 on Friday. iShares iBonds Dec 2029 Term Corporate ETF has a fifty-two week low of $22.57 and a fifty-two week high of $23.59. The business’s fifty day moving average is $22.78 and its two-hundred day moving average is $23.10.

iShares iBonds Dec 2029 Term Corporate ETF 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.