ADG Wealth Management Group LLC Invests $509,000 in iShares iBonds Dec 2028 Term Corporate ETF $IBDT

ADG Wealth Management Group LLC acquired a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 20,000 shares of the company’s stock, valued at approximately $509,000. iShares iBonds Dec 2028 Term Corporate ETF comprises 0.4% of ADG Wealth Management Group LLC’s investment portfolio, making the stock its 21st largest holding.

A number of other institutional investors have also recently made changes to their positions in the business. Confluence Investment Management LLC acquired a new stake in iShares iBonds Dec 2028 Term Corporate ETF in the third quarter worth about $10,198,000. Rebalance LLC increased its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 86.3% during the fourth quarter. Rebalance LLC now owns 734,069 shares of the company’s stock valued at $18,686,000 after acquiring an additional 340,113 shares in the last quarter. Captrust Financial Advisors raised its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 46.6% in the 3rd quarter. Captrust Financial Advisors now owns 740,071 shares of the company’s stock valued at $18,887,000 after purchasing an additional 235,224 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 14,318.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 194,651 shares of the company’s stock valued at $4,968,000 after purchasing an additional 193,301 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in iShares iBonds Dec 2028 Term Corporate ETF in the 2nd quarter worth approximately $4,516,000.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

NYSEARCA:IBDT opened at $25.33 on Wednesday. iShares iBonds Dec 2028 Term Corporate ETF has a twelve month low of $24.81 and a twelve month high of $25.76. The company’s 50 day moving average is $25.42 and its two-hundred day moving average is $25.46.

About iShares iBonds Dec 2028 Term Corporate ETF

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.