Peloton Wealth Strategists Buys 33,505 Shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Peloton Wealth Strategists lifted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 12.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 306,400 shares of the company’s stock after purchasing an additional 33,505 shares during the quarter. iShares iBonds Dec 2029 Term Corporate ETF comprises 2.8% of Peloton Wealth Strategists’ portfolio, making the stock its 10th largest position. Peloton Wealth Strategists owned approximately 0.52% of iShares iBonds Dec 2029 Term Corporate ETF worth $6,986,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

IBDU opened at $23.08 on Friday. iShares iBonds Dec 2029 Term Corporate ETF has a 12 month low of $22.24 and a 12 month high of $24.90. The stock’s 50 day moving average price is $22.85 and its 200 day moving average price is $23.07.

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.