Captrust Financial Advisors Purchases 306,076 Shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Captrust Financial Advisors grew its holdings in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 618.9% during the 4th quarter, HoldingsChannel reports. The firm owned 355,527 shares of the company’s stock after purchasing an additional 306,076 shares during the quarter. Captrust Financial Advisors’ holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $8,106,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of IBDU. Ancora Advisors LLC increased its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 11.7% during the fourth quarter. Ancora Advisors LLC now owns 16,565 shares of the company’s stock worth $378,000 after buying an additional 1,731 shares in the last quarter. Bank of Jackson Hole Trust bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter valued at approximately $42,000. Barrett & Company Inc. increased its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 200.0% during the fourth quarter. Barrett & Company Inc. now owns 3,000 shares of the company’s stock worth $68,000 after buying an additional 2,000 shares during the period. First United Bank & Trust bought a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter worth about $47,000. Finally, Princeton Global Asset Management LLC increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 513.3% in the fourth quarter. Princeton Global Asset Management LLC now owns 2,760 shares of the company’s stock worth $63,000 after purchasing an additional 2,310 shares in the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

Shares of NYSEARCA IBDU opened at $23.01 on Friday. The company’s fifty day simple moving average is $23.01 and its 200 day simple moving average is $22.95. iShares iBonds Dec 2029 Term Corporate ETF has a 12-month low of $22.43 and a 12-month high of $24.90.

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.