iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Shares Acquired by Peloton Wealth Strategists

Peloton Wealth Strategists lifted its holdings in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 12.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 306,400 shares of the company’s stock after acquiring an additional 33,505 shares during the quarter. iShares iBonds Dec 2029 Term Corporate ETF comprises about 2.8% of Peloton Wealth Strategists’ investment portfolio, making the stock its 10th largest position. Peloton Wealth Strategists’ holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $6,986,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Bank of Jackson Hole Trust acquired a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter worth $42,000. Barrett & Company Inc. boosted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 200.0% in the fourth quarter. Barrett & Company Inc. now owns 3,000 shares of the company’s stock worth $68,000 after buying an additional 2,000 shares during the period. First United Bank & Trust acquired a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter worth $47,000. Princeton Global Asset Management LLC boosted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 513.3% in the fourth quarter. Princeton Global Asset Management LLC now owns 2,760 shares of the company’s stock worth $63,000 after buying an additional 2,310 shares during the period. Finally, Gradient Capital Advisors LLC boosted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 16.1% in the fourth quarter. Gradient Capital Advisors LLC now owns 17,077 shares of the company’s stock worth $389,000 after buying an additional 2,368 shares during the period.

iShares iBonds Dec 2029 Term Corporate ETF Stock Down 0.1 %

Shares of iShares iBonds Dec 2029 Term Corporate ETF stock opened at $23.08 on Friday. The business has a fifty day simple moving average of $22.85 and a 200-day simple moving average of $23.07. iShares iBonds Dec 2029 Term Corporate ETF has a 12 month low of $22.24 and a 12 month high of $24.90.

iShares iBonds Dec 2029 Term Corporate ETF 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.