iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Shares Acquired by Princeton Global Asset Management LLC

Princeton Global Asset Management LLC grew its holdings in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 165.8% in the first quarter, Holdings Channel.com reports. The institutional investor owned 7,335 shares of the company’s stock after buying an additional 4,575 shares during the quarter. Princeton Global Asset Management LLC’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $170,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Bank of New York Mellon Corp raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 56.5% in the fourth quarter. Bank of New York Mellon Corp now owns 48,320 shares of the company’s stock valued at $1,102,000 after buying an additional 17,446 shares during the last quarter. United Capital Financial Advisors LLC increased its position in iShares iBonds Dec 2029 Term Corporate ETF by 40.3% during the fourth quarter. United Capital Financial Advisors LLC now owns 74,943 shares of the company’s stock worth $1,709,000 after purchasing an additional 21,542 shares during the last quarter. Centricity Wealth Management LLC acquired a new stake in iShares iBonds Dec 2029 Term Corporate ETF during the fourth quarter worth about $1,677,000. Gradient Capital Advisors LLC increased its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 16.1% during the fourth quarter. Gradient Capital Advisors LLC now owns 17,077 shares of the company’s stock valued at $389,000 after acquiring an additional 2,368 shares during the last quarter. Finally, Spinnaker Trust increased its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 151.4% during the fourth quarter. Spinnaker Trust now owns 133,891 shares of the company’s stock valued at $3,053,000 after acquiring an additional 80,623 shares during the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Trading Down 0.3%

Shares of IBDU opened at $23.00 on Friday. iShares iBonds Dec 2029 Term Corporate ETF has a 1-year low of $22.51 and a 1-year high of $24.90. The firm has a 50-day simple moving average of $23.02 and a two-hundred day simple moving average of $22.96.

About iShares iBonds Dec 2029 Term Corporate ETF

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.