Gradient Capital Advisors LLC Invests $241,000 in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT)

Gradient Capital Advisors LLC bought a new stake in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm bought 9,532 shares of the company’s stock, valued at approximately $241,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Hurley Capital LLC acquired a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF during the fourth quarter worth $153,000. Private Trust Co. NA increased its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 196.5% during the first quarter. Private Trust Co. NA now owns 6,051 shares of the company’s stock worth $153,000 after buying an additional 4,010 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 514.9% during the 4th quarter. JPMorgan Chase & Co. now owns 7,280 shares of the company’s stock valued at $181,000 after acquiring an additional 6,096 shares during the period. Foster Dykema Cabot & Partners LLC lifted its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 866.7% during the 4th quarter. Foster Dykema Cabot & Partners LLC now owns 11,600 shares of the company’s stock valued at $289,000 after acquiring an additional 10,400 shares during the period. Finally, Ancora Advisors LLC lifted its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 14.9% during the 4th quarter. Ancora Advisors LLC now owns 16,131 shares of the company’s stock valued at $402,000 after acquiring an additional 2,090 shares during the period.

iShares iBonds Dec 2028 Term Corporate ETF Stock Performance

IBDT stock traded up $0.02 during midday trading on Friday, reaching $25.33. 12,566 shares of the company’s stock traded hands, compared to its average volume of 476,547. The firm’s fifty day moving average price is $25.25 and its 200-day moving average price is $25.14. iShares iBonds Dec 2028 Term Corporate ETF has a 52 week low of $24.78 and a 52 week high of $25.77.

About iShares iBonds Dec 2028 Term Corporate ETF

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.