iShares iBonds Dec 2029 Term Corporate ETF $IBDU Shares Acquired by Spinnaker Trust

Spinnaker Trust grew its holdings in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 34.8% during the first quarter, HoldingsChannel reports. The firm owned 410,790 shares of the company’s stock after acquiring an additional 106,073 shares during the period. Spinnaker Trust’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $9,555,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Princeton Global Asset Management LLC increased its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 10.9% in the first quarter. Princeton Global Asset Management LLC now owns 29,435 shares of the company’s stock valued at $685,000 after purchasing an additional 2,901 shares during the last quarter. ADG Wealth Management Group LLC purchased a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the 1st quarter valued at $591,000. Roble Belko & Company Inc increased its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 174.7% in the 1st quarter. Roble Belko & Company Inc now owns 119,309 shares of the company’s stock worth $2,775,000 after acquiring an additional 75,870 shares during the last quarter. Montecito Bank & Trust raised its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 19.1% during the 1st quarter. Montecito Bank & Trust now owns 47,169 shares of the company’s stock worth $1,097,000 after acquiring an additional 7,549 shares during the period. Finally, Farmers National Bank raised its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 2.0% during the 4th quarter. Farmers National Bank now owns 44,068 shares of the company’s stock worth $1,031,000 after acquiring an additional 852 shares during the period.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

Shares of IBDU stock opened at $23.20 on Tuesday. iShares iBonds Dec 2029 Term Corporate ETF has a twelve month low of $23.00 and a twelve month high of $23.65. The company’s 50-day moving average price is $23.17 and its 200-day moving average price is $23.30.

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.