First Fiduciary Investment Counsel Inc. Makes New $525,000 Investment in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT)

First Fiduciary Investment Counsel Inc. bought a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 20,915 shares of the company’s stock, valued at approximately $525,000. First Fiduciary Investment Counsel Inc. owned approximately 0.05% of iShares iBonds Dec 2028 Term Corporate ETF as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IBDT. Sutton Wealth Advisors Inc. acquired a new stake in iShares iBonds Dec 2028 Term Corporate ETF during the 3rd quarter worth approximately $34,000. Private Trust Co. NA lifted its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 87.5% during the 4th quarter. Private Trust Co. NA now owns 2,201 shares of the company’s stock worth $55,000 after buying an additional 1,027 shares in the last quarter. Bogart Wealth LLC acquired a new stake in iShares iBonds Dec 2028 Term Corporate ETF during the 3rd quarter worth approximately $61,000. Bank of New Hampshire lifted its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 35.3% during the 4th quarter. Bank of New Hampshire now owns 9,315 shares of the company’s stock worth $234,000 after buying an additional 2,430 shares in the last quarter. Finally, Roble Belko & Company Inc lifted its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 11.0% during the 3rd quarter. Roble Belko & Company Inc now owns 12,335 shares of the company’s stock worth $296,000 after buying an additional 1,218 shares in the last quarter.

iShares iBonds Dec 2028 Term Corporate ETF Stock Performance

Shares of IBDT opened at $24.48 on Friday. iShares iBonds Dec 2028 Term Corporate ETF has a twelve month low of $23.62 and a twelve month high of $25.19. The firm’s fifty day simple moving average is $24.72 and its 200-day simple moving average is $24.62.

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.