Adirondack Trust Co. Purchases 41,898 Shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Adirondack Trust Co. lifted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 98.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 84,629 shares of the company’s stock after acquiring an additional 41,898 shares during the quarter. Adirondack Trust Co. owned approximately 0.14% of iShares iBonds Dec 2029 Term Corporate ETF worth $1,929,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bogart Wealth LLC increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 15.2% in the third quarter. Bogart Wealth LLC now owns 6,507 shares of the company’s stock valued at $153,000 after purchasing an additional 857 shares during the last quarter. Praetorian Wealth Management Inc. increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 0.9% in the third quarter. Praetorian Wealth Management Inc. now owns 189,348 shares of the company’s stock valued at $4,452,000 after purchasing an additional 1,770 shares during the last quarter. First United Bank & Trust bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter valued at about $47,000. Farther Finance Advisors LLC increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 6,842.9% in the third quarter. Farther Finance Advisors LLC now owns 2,430 shares of the company’s stock valued at $57,000 after purchasing an additional 2,395 shares during the last quarter. Finally, Farmers National Bank increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 9.1% in the second quarter. Farmers National Bank now owns 37,893 shares of the company’s stock valued at $859,000 after purchasing an additional 3,171 shares during the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

NYSEARCA:IBDU opened at $22.82 on Thursday. iShares iBonds Dec 2029 Term Corporate ETF has a 1 year low of $22.24 and a 1 year high of $24.90. The stock has a 50-day moving average price of $22.89 and a two-hundred day moving average price of $23.08.

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.