Spinnaker Trust Increases Stock Position in iShares iBonds Dec 2029 Term Corporate ETF $IBDU

Spinnaker Trust boosted its stake in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 25.5% during the fourth quarter, HoldingsChannel reports. The firm owned 304,717 shares of the company’s stock after buying an additional 61,837 shares during the period. Spinnaker Trust’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $7,132,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IBDU. RVW Wealth LLC raised its stake in iShares iBonds Dec 2029 Term Corporate ETF by 12.8% in the fourth quarter. RVW Wealth LLC now owns 1,059,999 shares of the company’s stock valued at $24,809,000 after purchasing an additional 120,240 shares in the last quarter. Captrust Financial Advisors grew its position in iShares iBonds Dec 2029 Term Corporate ETF by 26.9% during the third quarter. Captrust Financial Advisors now owns 511,634 shares of the company’s stock valued at $12,008,000 after acquiring an additional 108,460 shares during the last quarter. JPMorgan Chase & Co. grew its position in iShares iBonds Dec 2029 Term Corporate ETF by 201.9% during the third quarter. JPMorgan Chase & Co. now owns 160,004 shares of the company’s stock valued at $3,755,000 after acquiring an additional 107,010 shares during the last quarter. Harbor Investment Advisory LLC grew its position in iShares iBonds Dec 2029 Term Corporate ETF by 164.2% during the fourth quarter. Harbor Investment Advisory LLC now owns 65,092 shares of the company’s stock valued at $1,523,000 after acquiring an additional 40,456 shares during the last quarter. Finally, FourThought Financial Partners LLC grew its position in iShares iBonds Dec 2029 Term Corporate ETF by 134.0% during the third quarter. FourThought Financial Partners LLC now owns 66,100 shares of the company’s stock valued at $1,551,000 after acquiring an additional 37,852 shares during the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Trading Down 0.4%

Shares of NYSEARCA IBDU opened at $23.12 on Tuesday. iShares iBonds Dec 2029 Term Corporate ETF has a one year low of $22.99 and a one year high of $23.65. The firm’s 50 day simple moving average is $23.20 and its two-hundred day simple moving average is $23.35.

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.