Lyell Wealth Management LP Acquires 21,654 Shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Lyell Wealth Management LP raised its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 7.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 327,578 shares of the company’s stock after purchasing an additional 21,654 shares during the period. Lyell Wealth Management LP’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $7,469,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IBDU. Bank of Jackson Hole Trust purchased a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF during the 4th quarter worth $42,000. First United Bank & Trust bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter valued at $47,000. Farther Finance Advisors LLC increased its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 6,842.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,430 shares of the company’s stock worth $57,000 after buying an additional 2,395 shares during the last quarter. Princeton Global Asset Management LLC boosted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 513.3% during the 4th quarter. Princeton Global Asset Management LLC now owns 2,760 shares of the company’s stock worth $63,000 after purchasing an additional 2,310 shares during the period. Finally, Barrett & Company Inc. boosted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 200.0% during the 4th quarter. Barrett & Company Inc. now owns 3,000 shares of the company’s stock worth $68,000 after purchasing an additional 2,000 shares during the period.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

iShares iBonds Dec 2029 Term Corporate ETF stock opened at $22.88 on Wednesday. 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 has a 50-day moving average of $22.83 and a two-hundred day moving average of $23.08.

About iShares iBonds Dec 2029 Term Corporate ETF

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.