Farther Finance Advisors LLC Raises Stake in iShares iBonds Dec 2029 Term Corporate ETF $IBDU

Farther Finance Advisors LLC raised its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 152.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,335 shares of the company’s stock after acquiring an additional 24,968 shares during the period. Farther Finance Advisors LLC’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $967,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Burkett Financial Services LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter worth approximately $49,000. GAMMA Investing LLC grew its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 9.4% during the 4th quarter. GAMMA Investing LLC now owns 5,284 shares of the company’s stock valued at $124,000 after purchasing an additional 452 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter worth $132,000. CNB Bank purchased a new position in iShares iBonds Dec 2029 Term Corporate ETF in the 3rd quarter worth $134,000. Finally, American Money Management LLC bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the third quarter worth $200,000.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

NYSEARCA IBDU opened at $23.29 on Thursday. The company has a 50-day simple moving average of $23.33 and a two-hundred day simple moving average of $23.40. iShares iBonds Dec 2029 Term Corporate ETF has a 12-month low of $22.93 and a 12-month high of $23.65.

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.