Rebalance LLC Purchases Shares of 151,380 iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Rebalance LLC purchased a new position in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 151,380 shares of the company’s stock, valued at approximately $3,451,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 16,778.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 242,371 shares of the company’s stock valued at $5,698,000 after acquiring an additional 240,935 shares during the period. Janney Montgomery Scott LLC raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 22.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 392,459 shares of the company’s stock worth $8,948,000 after buying an additional 70,651 shares in the last quarter. Farther Finance Advisors LLC lifted its position in iShares iBonds Dec 2029 Term Corporate ETF by 6,842.9% during the third quarter. Farther Finance Advisors LLC now owns 2,430 shares of the company’s stock valued at $57,000 after purchasing an additional 2,395 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 28.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 31,710 shares of the company’s stock valued at $746,000 after buying an additional 7,107 shares in the last quarter. Finally, Centricity Wealth Management LLC purchased a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF during the fourth quarter valued at approximately $1,677,000.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

IBDU stock opened at $23.00 on Monday. The firm’s 50-day moving average price is $22.88 and its two-hundred day moving average price is $23.06. iShares iBonds Dec 2029 Term Corporate ETF has a 12-month low of $22.24 and a 12-month high of $24.90.

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.