Lyell Wealth Management LP Buys 86,833 Shares of iShares iBonds Dec 2029 Term Corporate ETF $IBDU

Lyell Wealth Management LP increased its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 21.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 486,066 shares of the company’s stock after purchasing an additional 86,833 shares during the period. Lyell Wealth Management LP’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $11,376,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Ledyard National Bank boosted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 2.8% during the fourth quarter. Ledyard National Bank now owns 16,270 shares of the company’s stock worth $381,000 after acquiring an additional 450 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 9.4% during the fourth quarter. GAMMA Investing LLC now owns 5,284 shares of the company’s stock worth $124,000 after acquiring an additional 452 shares during the last quarter. Mosaic Family Wealth Partners LLC boosted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 5.5% during the third quarter. Mosaic Family Wealth Partners LLC now owns 11,102 shares of the company’s stock worth $261,000 after acquiring an additional 579 shares during the last quarter. Dearborn Partners LLC boosted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 7.5% during the third quarter. Dearborn Partners LLC now owns 26,137 shares of the company’s stock worth $613,000 after acquiring an additional 1,833 shares during the last quarter. Finally, Sarver Vrooman Wealth Advisors boosted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 16.6% during the fourth quarter. Sarver Vrooman Wealth Advisors now owns 12,867 shares of the company’s stock worth $301,000 after acquiring an additional 1,833 shares during the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

Shares of NYSEARCA:IBDU opened at $23.14 on Friday. The firm has a fifty day moving average price of $23.19 and a 200 day moving average price of $23.33. iShares iBonds Dec 2029 Term Corporate ETF has a fifty-two week low of $23.02 and a fifty-two week high of $23.65.

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.