Sandy Spring Bank Purchases 8,776 Shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Sandy Spring Bank boosted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 3.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 238,086 shares of the company’s stock after acquiring an additional 8,776 shares during the period. Sandy Spring Bank owned 0.40% of iShares iBonds Dec 2029 Term Corporate ETF worth $5,428,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Parallel Advisors LLC raised its stake in iShares iBonds Dec 2029 Term Corporate ETF by 25.5% during the 4th quarter. Parallel Advisors LLC now owns 241,783 shares of the company’s stock worth $5,513,000 after acquiring an additional 49,129 shares during the period. Dearborn Partners LLC bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF during the 4th quarter worth approximately $517,000. Rebalance LLC bought a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF during the fourth quarter valued at approximately $3,451,000. Peloton Wealth Strategists raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 12.3% during the fourth quarter. Peloton Wealth Strategists now owns 306,400 shares of the company’s stock valued at $6,986,000 after buying an additional 33,505 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 56.5% during the fourth quarter. Bank of New York Mellon Corp now owns 48,320 shares of the company’s stock valued at $1,102,000 after buying an additional 17,446 shares during the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Trading Up 0.3 %

iShares iBonds Dec 2029 Term Corporate ETF stock opened at $23.08 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 firm’s 50 day moving average price is $22.92 and its 200-day moving average price is $23.05.

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.