Motley Fool Wealth Management LLC Sells 83,760 Shares of iShares iBonds Dec 2029 Term Corporate ETF $IBDU

Motley Fool Wealth Management LLC decreased its holdings in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 12.0% in the fourth quarter, Holdings Channel reports. The fund owned 611,729 shares of the company’s stock after selling 83,760 shares during the quarter. iShares iBonds Dec 2029 Term Corporate ETF makes up 1.1% of Motley Fool Wealth Management LLC’s holdings, making the stock its 23rd biggest holding. Motley Fool Wealth Management LLC’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $14,318,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC raised its position in iShares iBonds Dec 2029 Term Corporate ETF by 164.2% in the 4th quarter. Harbor Investment Advisory LLC now owns 65,092 shares of the company’s stock worth $1,523,000 after purchasing an additional 40,456 shares during the period. JPMorgan Chase & Co. raised its position in iShares iBonds Dec 2029 Term Corporate ETF by 201.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 160,004 shares of the company’s stock worth $3,755,000 after purchasing an additional 107,010 shares during the period. Curbstone Financial Management Corp purchased a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter worth about $645,000. Praetorian Wealth Management Inc. raised its position in iShares iBonds Dec 2029 Term Corporate ETF by 10.5% in the 4th quarter. Praetorian Wealth Management Inc. now owns 270,419 shares of the company’s stock worth $6,329,000 after purchasing an additional 25,593 shares during the period. Finally, Farther Finance Advisors LLC raised its position in iShares iBonds Dec 2029 Term Corporate ETF by 152.6% in the 4th quarter. Farther Finance Advisors LLC now owns 41,335 shares of the company’s stock worth $967,000 after purchasing an additional 24,968 shares during the period.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

iShares iBonds Dec 2029 Term Corporate ETF stock opened at $23.09 on Wednesday. iShares iBonds Dec 2029 Term Corporate ETF has a 1-year low of $23.02 and a 1-year high of $23.65. The company’s 50-day moving average is $23.20 and its 200 day moving average is $23.33.

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.