iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Stock Break Below 50-Day Moving Average – Here’s What Happened

iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU – Get Free Report) crossed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $22.76 and traded as low as $22.71. iShares iBonds Dec 2029 Term Corporate ETF shares last traded at $22.73, with a volume of 544,895 shares trading hands.

iShares iBonds Dec 2029 Term Corporate ETF Stock Down 0.4%

The company’s 50 day moving average price is $22.76 and its two-hundred day moving average price is $23.10.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Bank of New Hampshire bought a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF during the 3rd quarter valued at $922,000. Godshalk Welsh Capital Management Inc. increased its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 32.9% in the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 132,750 shares of the company’s stock worth $3,088,000 after purchasing an additional 32,850 shares in the last quarter. HORAN Wealth LLC purchased a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF in the 1st quarter worth $526,000. RVW Wealth LLC increased its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 5.4% in the 2nd quarter. RVW Wealth LLC now owns 1,210,684 shares of the company’s stock worth $28,039,000 after purchasing an additional 61,905 shares in the last quarter. Finally, Rebalance LLC bought a new position in iShares iBonds Dec 2029 Term Corporate ETF in the 3rd quarter worth $10,523,000.

About iShares iBonds Dec 2029 Term Corporate ETF

(Get Free Report)

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.

Read More

Receive News & Ratings for iShares iBonds Dec 2029 Term Corporate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBonds Dec 2029 Term Corporate ETF and related companies with MarketBeat.com's FREE daily email newsletter.