Spinnaker Trust Purchases 66,918 Shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT)

Spinnaker Trust lifted its position in shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) by 263.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 92,286 shares of the company’s stock after acquiring an additional 66,918 shares during the quarter. Spinnaker Trust’s holdings in iShares iBonds Dec 2028 Term Corporate ETF were worth $2,315,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. RVW Wealth LLC boosted its position in iShares iBonds Dec 2028 Term Corporate ETF by 2,682.9% during the fourth quarter. RVW Wealth LLC now owns 634,955 shares of the company’s stock valued at $15,931,000 after purchasing an additional 612,139 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in iShares iBonds Dec 2028 Term Corporate ETF by 9.3% during the third quarter. Janney Montgomery Scott LLC now owns 254,221 shares of the company’s stock valued at $6,109,000 after purchasing an additional 21,724 shares in the last quarter. Peloton Wealth Strategists boosted its position in iShares iBonds Dec 2028 Term Corporate ETF by 10.5% during the third quarter. Peloton Wealth Strategists now owns 226,425 shares of the company’s stock valued at $5,441,000 after purchasing an additional 21,500 shares in the last quarter. Sandy Spring Bank boosted its position in iShares iBonds Dec 2028 Term Corporate ETF by 1.5% during the third quarter. Sandy Spring Bank now owns 212,839 shares of the company’s stock valued at $5,115,000 after purchasing an additional 3,094 shares in the last quarter. Finally, Praetorian Wealth Management Inc. boosted its position in iShares iBonds Dec 2028 Term Corporate ETF by 0.9% during the fourth quarter. Praetorian Wealth Management Inc. now owns 173,817 shares of the company’s stock valued at $4,361,000 after purchasing an additional 1,489 shares in the last quarter.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

NYSEARCA IBDT traded up $0.02 during trading on Friday, hitting $24.48. The company’s stock had a trading volume of 219,791 shares, compared to its average volume of 379,941. The business’s 50 day simple moving average is $24.72 and its 200-day simple moving average is $24.62. iShares iBonds Dec 2028 Term Corporate ETF has a fifty-two week low of $23.62 and a fifty-two week high of $25.19.

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.