Godshalk Welsh Capital Management Inc. Has $3.09 Million Stock Position in iShares iBonds Dec 2029 Term Corporate ETF $IBDU

Godshalk Welsh Capital Management Inc. raised its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 32.9% during the first quarter, HoldingsChannel.com reports. The firm owned 132,750 shares of the company’s stock after acquiring an additional 32,850 shares during the quarter. iShares iBonds Dec 2029 Term Corporate ETF makes up 1.8% of Godshalk Welsh Capital Management Inc.’s portfolio, making the stock its 13th biggest position. Godshalk Welsh Capital Management Inc.’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $3,088,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IBDU. MTM Investment Management LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF during the first quarter worth $36,000. High Note Wealth LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter valued at approximately $105,000. GAMMA Investing LLC raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 9.4% in the 4th quarter. GAMMA Investing LLC now owns 5,284 shares of the company’s stock valued at $124,000 after acquiring an additional 452 shares during the period. BOKF NA bought a new position in iShares iBonds Dec 2029 Term Corporate ETF during the 4th quarter worth approximately $126,000. Finally, Flagship Harbor Advisors LLC acquired a new position in iShares iBonds Dec 2029 Term Corporate ETF during the fourth quarter valued at approximately $132,000.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

IBDU opened at $23.03 on Thursday. iShares iBonds Dec 2029 Term Corporate ETF has a 12 month low of $23.00 and a 12 month high of $23.65. The company has a fifty day simple moving average of $23.11 and a 200 day simple moving average of $23.26.

About iShares iBonds Dec 2029 Term Corporate ETF

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.