Peloton Wealth Strategists Acquires 9,500 Shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Peloton Wealth Strategists boosted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 3.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 265,000 shares of the company’s stock after acquiring an additional 9,500 shares during the quarter. iShares iBonds Dec 2029 Term Corporate ETF comprises about 2.5% of Peloton Wealth Strategists’ investment portfolio, making the stock its 12th biggest position. Peloton Wealth Strategists’ holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $6,008,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Newman Dignan & Sheerar Inc. bought a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF during the 2nd quarter valued at approximately $3,135,000. Praetorian Wealth Management Inc. increased its position in iShares iBonds Dec 2029 Term Corporate ETF by 28.6% during the first quarter. Praetorian Wealth Management Inc. now owns 173,825 shares of the company’s stock valued at $3,967,000 after acquiring an additional 38,644 shares during the last quarter. Lyell Wealth Management LP raised its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 15.0% in the second quarter. Lyell Wealth Management LP now owns 248,200 shares of the company’s stock valued at $5,627,000 after acquiring an additional 32,420 shares during the period. Valley Wealth Managers Inc. purchased a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF in the first quarter valued at $468,000. Finally, Arrow Financial Corp lifted its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 3.5% in the 1st quarter. Arrow Financial Corp now owns 576,568 shares of the company’s stock worth $13,157,000 after acquiring an additional 19,689 shares during the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Stock Up 0.3 %

IBDU stock opened at $23.56 on Friday. iShares iBonds Dec 2029 Term Corporate ETF has a 12 month low of $21.41 and a 12 month high of $24.90. The company has a 50-day moving average price of $23.28 and a 200 day moving average price of $22.85.

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.