Praetorian Wealth Management Inc. Acquires 310,056 Shares of iShares iBonds Dec 2029 Term Corporate ETF $IBDU

Praetorian Wealth Management Inc. bought a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 310,056 shares of the company’s stock, valued at approximately $7,035,000. iShares iBonds Dec 2029 Term Corporate ETF accounts for about 1.2% of Praetorian Wealth Management Inc.’s portfolio, making the stock its 18th biggest holding. Praetorian Wealth Management Inc. owned about 0.18% of iShares iBonds Dec 2029 Term Corporate ETF at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. RVW Wealth LLC bought a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF in the third quarter valued at approximately $28,132,000. Heartland Bank & Trust Co grew its position in iShares iBonds Dec 2029 Term Corporate ETF by 401.6% during the 1st quarter. Heartland Bank & Trust Co now owns 148,493 shares of the company’s stock worth $3,454,000 after acquiring an additional 118,889 shares during the last quarter. Spinnaker Trust increased its holdings in 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 purchasing an additional 106,073 shares in the last quarter. Roble Belko & Company Inc increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 174.7% during the 1st quarter. Roble Belko & Company Inc now owns 119,309 shares of the company’s stock valued at $2,775,000 after purchasing an additional 75,870 shares in the last quarter. Finally, Bullock Wealth Management Group bought a new position in iShares iBonds Dec 2029 Term Corporate ETF in the 3rd quarter valued at $1,602,000.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

IBDU remained flat at $22.74 during trading on Friday. The company’s stock had a trading volume of 1,016,522 shares, compared to its average volume of 790,574. The company’s 50 day moving average price is $22.86 and its 200 day moving average price is $23.04. iShares iBonds Dec 2029 Term Corporate ETF has a 52-week low of $22.57 and a 52-week high of $23.59.

About iShares iBonds Dec 2029 Term Corporate ETF

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.