First Horizon Advisors Inc. Buys New Stake in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

First Horizon Advisors Inc. purchased a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,107 shares of the company’s stock, valued at approximately $72,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IBDU. Bank of New Hampshire grew its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 107.5% during the 4th quarter. Bank of New Hampshire now owns 10,790 shares of the company’s stock valued at $249,000 after acquiring an additional 5,590 shares during the period. Lyell Wealth Management LP grew its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 9.9% in the fourth quarter. Lyell Wealth Management LP now owns 179,495 shares of the company’s stock valued at $4,141,000 after purchasing an additional 16,145 shares during the period. Roble Belko & Company Inc increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 64.5% in the 4th quarter. Roble Belko & Company Inc now owns 38,499 shares of the company’s stock worth $888,000 after acquiring an additional 15,091 shares in the last quarter. Sandy Spring Bank increased its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 4.3% during the fourth quarter. Sandy Spring Bank now owns 197,552 shares of the company’s stock worth $4,558,000 after purchasing an additional 8,200 shares in the last quarter. Finally, Private Trust Co. NA acquired a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF during the fourth quarter valued at approximately $28,000.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

Shares of IBDU stock opened at $22.57 on Wednesday. The stock’s fifty day moving average is $22.60 and its two-hundred day moving average is $22.58. iShares iBonds Dec 2029 Term Corporate ETF has a fifty-two week low of $21.41 and a fifty-two week high of $24.03.

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.