Gradient Capital Advisors LLC Purchases New Position in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Gradient Capital Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 11,171 shares of the company’s stock, valued at approximately $255,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in IBDU. Parallel Advisors LLC grew its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 923.0% during the 4th quarter. Parallel Advisors LLC now owns 74,955 shares of the company’s stock valued at $1,729,000 after purchasing an additional 67,628 shares during the last quarter. Praetorian Wealth Management Inc. grew its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 53.3% during the 4th quarter. Praetorian Wealth Management Inc. now owns 135,181 shares of the company’s stock valued at $3,119,000 after purchasing an additional 46,983 shares during the last quarter. Arrow Financial Corp grew its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 8.8% during the 4th quarter. Arrow Financial Corp now owns 556,879 shares of the company’s stock valued at $12,847,000 after purchasing an additional 45,264 shares during the last quarter. Peloton Wealth Strategists boosted its position in iShares iBonds Dec 2029 Term Corporate ETF by 8.9% during the 4th quarter. Peloton Wealth Strategists now owns 231,200 shares of the company’s stock worth $5,334,000 after buying an additional 18,800 shares during the period. Finally, Lyell Wealth Management LP boosted its position in iShares iBonds Dec 2029 Term Corporate ETF by 9.9% during the 4th quarter. Lyell Wealth Management LP now owns 179,495 shares of the company’s stock worth $4,141,000 after buying an additional 16,145 shares during the period.

iShares iBonds Dec 2029 Term Corporate ETF Stock Down 0.1 %

NYSEARCA:IBDU traded down $0.03 during mid-day trading on Friday, hitting $22.67. 223,507 shares of the company’s stock were exchanged, compared to its average volume of 309,223. The company has a 50 day simple moving average of $22.58 and a 200-day simple moving average of $22.71. iShares iBonds Dec 2029 Term Corporate ETF has a fifty-two week low of $21.41 and a fifty-two week high of $24.03.

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.