Parallel Advisors LLC Raises Position in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Parallel Advisors LLC boosted its stake in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 25.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 241,783 shares of the company’s stock after buying an additional 49,129 shares during the quarter. Parallel Advisors LLC owned approximately 0.41% of iShares iBonds Dec 2029 Term Corporate ETF worth $5,513,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in iShares iBonds Dec 2029 Term Corporate ETF by 16,778.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 242,371 shares of the company’s stock worth $5,698,000 after purchasing an additional 240,935 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 22.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 392,459 shares of the company’s stock worth $8,948,000 after buying an additional 70,651 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 28.9% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 31,710 shares of the company’s stock valued at $746,000 after purchasing an additional 7,107 shares during the last quarter. Centricity Wealth Management LLC acquired a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter valued at approximately $1,677,000. Finally, Roble Belko & Company Inc increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 10.2% in the 4th quarter. Roble Belko & Company Inc now owns 42,420 shares of the company’s stock valued at $967,000 after purchasing an additional 3,921 shares during the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

Shares of IBDU stock opened at $22.97 on Tuesday. The firm has a 50 day moving average of $22.90 and a two-hundred day moving average of $23.05. iShares iBonds Dec 2029 Term Corporate ETF has a 52 week low of $22.24 and a 52 week high of $24.90.

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.