10Elms LLP Takes Position in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

10Elms LLP acquired a new stake in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 7,800 shares of the company’s stock, valued at approximately $178,000.

Other hedge funds have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 22.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 392,459 shares of the company’s stock valued at $8,948,000 after buying an additional 70,651 shares during the period. Bank of New York Mellon Corp lifted its position in iShares iBonds Dec 2029 Term Corporate ETF by 56.5% in the 4th quarter. Bank of New York Mellon Corp now owns 48,320 shares of the company’s stock valued at $1,102,000 after acquiring an additional 17,446 shares in the last quarter. United Capital Financial Advisors LLC boosted its stake in iShares iBonds Dec 2029 Term Corporate ETF by 40.3% in the 4th 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 period. Centricity Wealth Management LLC acquired a new position in iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter worth $1,677,000. Finally, Gradient Capital Advisors LLC increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 16.1% during the 4th quarter. Gradient Capital Advisors LLC now owns 17,077 shares of the company’s stock worth $389,000 after purchasing an additional 2,368 shares in the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

IBDU opened at $23.09 on Wednesday. The business’s 50-day moving average price is $23.01 and its two-hundred day moving average price is $22.95. iShares iBonds Dec 2029 Term Corporate ETF has a 1 year low of $22.43 and a 1 year high of $24.90.

iShares iBonds Dec 2029 Term Corporate ETF 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.