Beaumont Financial Advisors LLC Acquires 52,030 Shares of iShares iBonds Dec 2029 Term Corporate ETF $IBDU

Beaumont Financial Advisors LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) in the third quarter, Holdings Channel.com reports. The fund acquired 52,030 shares of the company’s stock, valued at approximately $1,181,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IBDU. RVW Wealth LLC purchased a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF in the 3rd quarter worth about $28,132,000. Spinnaker Trust raised its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 34.8% during the 1st quarter. Spinnaker Trust now owns 410,790 shares of the company’s stock valued at $9,555,000 after buying an additional 106,073 shares in the last quarter. Praetorian Wealth Management Inc. purchased a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF during the 3rd quarter valued at about $7,035,000. Adirondack Trust Co. lifted its position in iShares iBonds Dec 2029 Term Corporate ETF by 1.6% in the 3rd quarter. Adirondack Trust Co. now owns 160,917 shares of the company’s stock worth $3,650,000 after buying an additional 2,523 shares during the last quarter. Finally, Heartland Bank & Trust Co lifted its position in iShares iBonds Dec 2029 Term Corporate ETF by 401.6% in the 1st quarter. Heartland Bank & Trust Co now owns 148,493 shares of the company’s stock worth $3,454,000 after buying an additional 118,889 shares during the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

Shares of NYSEARCA IBDU opened at $22.79 on Friday. iShares iBonds Dec 2029 Term Corporate ETF has a one year low of $22.57 and a one year high of $23.59. The firm’s 50 day simple moving average is $22.83 and its two-hundred day simple moving average is $23.03.

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.