Praetorian Wealth Management Inc. Purchases 18,700 Shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT)

Praetorian Wealth Management Inc. grew its position in shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) by 9.3% during the 1st quarter, Holdings Channel reports. The institutional investor owned 220,136 shares of the company’s stock after buying an additional 18,700 shares during the quarter. iShares iBonds Dec 2028 Term Corporate ETF makes up approximately 1.4% of Praetorian Wealth Management Inc.’s portfolio, making the stock its 18th largest position. Praetorian Wealth Management Inc.’s holdings in iShares iBonds Dec 2028 Term Corporate ETF were worth $5,561,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Princeton Global Asset Management LLC increased its position in iShares iBonds Dec 2028 Term Corporate ETF by 3.7% during the 1st quarter. Princeton Global Asset Management LLC now owns 44,700 shares of the company’s stock worth $1,129,000 after buying an additional 1,615 shares during the period. Bank of Jackson Hole Trust bought a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF in the fourth quarter worth $42,000. Ancora Advisors LLC increased its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 14.9% in the fourth quarter. Ancora Advisors LLC now owns 16,131 shares of the company’s stock worth $402,000 after purchasing an additional 2,090 shares during the period. Baird Financial Group Inc. increased its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 9.9% in the fourth quarter. Baird Financial Group Inc. now owns 24,191 shares of the company’s stock worth $602,000 after purchasing an additional 2,180 shares during the period. Finally, Sandy Spring Bank increased its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 1.6% in the fourth quarter. Sandy Spring Bank now owns 226,686 shares of the company’s stock worth $5,644,000 after purchasing an additional 3,648 shares during the period.

iShares iBonds Dec 2028 Term Corporate ETF Stock Performance

Shares of NYSEARCA IBDT opened at $25.22 on Friday. iShares iBonds Dec 2028 Term Corporate ETF has a 52 week low of $24.60 and a 52 week high of $25.77. The stock’s fifty day moving average is $25.18 and its 200 day moving average is $25.09.

iShares iBonds Dec 2028 Term Corporate ETF Profile

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.