Atlantic Union Bankshares Corp Acquires New Stake in iShares iBonds Dec 2029 Term Corporate ETF $IBDU

Atlantic Union Bankshares Corp acquired a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 254,056 shares of the company’s stock, valued at approximately $5,927,000.

A number of other institutional investors have also recently modified their holdings of IBDU. Spinnaker Trust raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 5.8% in the 2nd quarter. Spinnaker Trust now owns 209,684 shares of the company’s stock worth $4,892,000 after purchasing an additional 11,587 shares during the last quarter. Bank of Jackson Hole Trust increased its stake in iShares iBonds Dec 2029 Term Corporate ETF by 32.0% during the 2nd quarter. Bank of Jackson Hole Trust now owns 4,202 shares of the company’s stock valued at $98,000 after purchasing an additional 1,018 shares in the last quarter. Leavell Investment Management Inc. raised its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 43.1% in the second quarter. Leavell Investment Management Inc. now owns 38,335 shares of the company’s stock worth $894,000 after buying an additional 11,542 shares during the last quarter. Sonata Capital Group Inc. bought a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF in the second quarter worth approximately $294,000. Finally, Princeton Global Asset Management LLC grew its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 51.8% during the second quarter. Princeton Global Asset Management LLC now owns 11,131 shares of the company’s stock valued at $260,000 after buying an additional 3,796 shares during the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

Shares of IBDU opened at $23.40 on Friday. iShares iBonds Dec 2029 Term Corporate ETF has a twelve month low of $22.55 and a twelve month high of $23.65. The firm has a 50 day moving average of $23.47 and a 200 day moving average of $23.29.

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.