GAMMA Investing LLC Increases Position in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT)

GAMMA Investing LLC grew its position in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) by 21.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 123,906 shares of the company’s stock after acquiring an additional 21,833 shares during the period. GAMMA Investing LLC’s holdings in iShares iBonds Dec 2028 Term Corporate ETF were worth $3,085,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IBDT. Bank of New York Mellon Corp boosted its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 55.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 21,878 shares of the company’s stock valued at $542,000 after acquiring an additional 7,821 shares during the period. Baker Boyer National Bank acquired a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF during the second quarter worth about $498,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF in the second quarter valued at approximately $104,000. Valley Wealth Managers Inc. grew its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 8.6% in the second quarter. Valley Wealth Managers Inc. now owns 49,029 shares of the company’s stock valued at $1,214,000 after purchasing an additional 3,894 shares in the last quarter. Finally, Parallel Advisors LLC increased its stake in iShares iBonds Dec 2028 Term Corporate ETF by 2.8% during the 2nd quarter. Parallel Advisors LLC now owns 128,813 shares of the company’s stock worth $3,191,000 after buying an additional 3,568 shares during the period.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

Shares of IBDT stock opened at $24.92 on Friday. The firm has a 50 day moving average of $25.04 and a two-hundred day moving average of $25.13. iShares iBonds Dec 2028 Term Corporate ETF has a 52 week low of $24.36 and a 52 week high of $25.77.

About iShares iBonds Dec 2028 Term Corporate ETF

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.