iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU – Get Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as $22.90 and last traded at $22.9370, with a volume of 612494 shares trading hands. The stock had previously closed at $22.94.
iShares iBonds Dec 2029 Term Corporate ETF Trading Down 0.1%
The company’s fifty day moving average price is $23.05 and its two-hundred day moving average price is $23.17.
Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Corporate ETF
A number of hedge funds have recently made changes to their positions in the stock. American Trust raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 2.5% in the 4th quarter. American Trust now owns 23,448 shares of the company’s stock worth $549,000 after buying an additional 583 shares during the period. Farmers National Bank increased its stake in iShares iBonds Dec 2029 Term Corporate ETF by 1.5% during the first quarter. Farmers National Bank now owns 44,709 shares of the company’s stock worth $1,040,000 after acquiring an additional 641 shares during the last quarter. MTM Investment Management LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF in the 1st quarter valued at about $36,000. 10Elms LLP lifted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 5.3% in the 4th quarter. 10Elms LLP now owns 34,070 shares of the company’s stock valued at $797,000 after purchasing an additional 1,700 shares in the last quarter. Finally, Ballast Advisors LLC purchased a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF during the 1st quarter worth about $40,000.
iShares iBonds Dec 2029 Term Corporate ETF Company 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.
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