Blue Square Asset Management LLC Takes $931,000 Position in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Blue Square Asset Management LLC bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) in the 4th quarter, HoldingsChannel.com reports. The firm bought 40,819 shares of the company’s stock, valued at approximately $931,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First United Bank & Trust bought a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter valued at $47,000. Farther Finance Advisors LLC lifted 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 in the last quarter. Bogart Wealth LLC lifted its position in iShares iBonds Dec 2029 Term Corporate ETF by 15.2% in the 3rd quarter. Bogart Wealth LLC now owns 6,507 shares of the company’s stock valued at $153,000 after acquiring an additional 857 shares in the last quarter. First Interstate Bank acquired a new position in iShares iBonds Dec 2029 Term Corporate ETF during the 3rd quarter valued at about $204,000. Finally, Leavell Investment Management Inc. bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF during the 3rd quarter worth approximately $428,000.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

IBDU stock opened at $22.85 on Friday. iShares iBonds Dec 2029 Term Corporate ETF has a twelve month low of $22.24 and a twelve month high of $24.90. The stock’s 50 day moving average is $22.88 and its 200-day moving average is $23.08.

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.