Rebalance LLC Acquires New Holdings in iShares iBonds Dec 2029 Term Corporate ETF $IBDU

Rebalance LLC acquired a new position in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 463,761 shares of the company’s stock, valued at approximately $10,523,000. iShares iBonds Dec 2029 Term Corporate ETF accounts for 0.5% of Rebalance LLC’s investment portfolio, making the stock its 22nd largest position. Rebalance LLC owned about 0.26% of iShares iBonds Dec 2029 Term Corporate ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. RVW Wealth LLC bought a new position in iShares iBonds Dec 2029 Term Corporate ETF in the third quarter worth approximately $28,132,000. Spinnaker Trust boosted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 34.8% during the 1st quarter. Spinnaker Trust now owns 410,790 shares of the company’s stock worth $9,555,000 after acquiring an additional 106,073 shares during the last quarter. Praetorian Wealth Management Inc. purchased a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF during the 3rd quarter worth $7,035,000. Adirondack Trust Co. grew its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 1.6% during the 3rd quarter. Adirondack Trust Co. now owns 160,917 shares of the company’s stock valued at $3,650,000 after acquiring an additional 2,523 shares during the period. Finally, Heartland Bank & Trust Co grew its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 401.6% during the 1st quarter. Heartland Bank & Trust Co now owns 148,493 shares of the company’s stock valued at $3,454,000 after acquiring an additional 118,889 shares during the period.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

Shares of NYSEARCA:IBDU remained flat at $22.79 during midday trading on Friday. The stock had a trading volume of 743,746 shares, compared to its average volume of 793,735. iShares iBonds Dec 2029 Term Corporate ETF has a 52-week low of $22.57 and a 52-week high of $23.59. The business has a 50-day simple moving average of $22.83 and a two-hundred day simple moving average of $23.03.

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.