First National Bank & Trust Co. of Newtown Lowers Stake in iShares iBonds Dec 2029 Term Corporate ETF $IBDU

First National Bank & Trust Co. of Newtown lowered its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 38.1% during the 1st quarter, HoldingsChannel reports. The fund owned 101,290 shares of the company’s stock after selling 62,300 shares during the period. First National Bank & Trust Co. of Newtown’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $2,355,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Burkett Financial Services LLC purchased a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter worth approximately $49,000. High Note Wealth LLC bought a new position in iShares iBonds Dec 2029 Term Corporate ETF during the 4th quarter valued at approximately $105,000. GAMMA Investing LLC raised its stake in 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 valued at $124,000 after buying an additional 452 shares during the last quarter. BOKF NA bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter worth $126,000. Finally, Flagship Harbor Advisors LLC bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter worth $132,000.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

NYSEARCA IBDU opened at $23.07 on Friday. iShares iBonds Dec 2029 Term Corporate ETF has a 12 month low of $23.00 and a 12 month high of $23.65. The stock’s fifty day moving average price is $23.13 and its 200-day moving average price is $23.28.

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.