First United Bank & Trust Acquires Shares of 2,080 iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

First United Bank & Trust bought a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 2,080 shares of the company’s stock, valued at approximately $47,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Farther Finance Advisors LLC grew its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 6,842.9% during the third quarter. Farther Finance Advisors LLC now owns 2,430 shares of the company’s stock valued at $57,000 after purchasing an additional 2,395 shares during the period. Bogart Wealth LLC boosted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 15.2% during the third quarter. Bogart Wealth LLC now owns 6,507 shares of the company’s stock worth $153,000 after purchasing an additional 857 shares in the last quarter. First Interstate Bank acquired a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF in the 3rd quarter valued at $204,000. Bank of New York Mellon Corp raised its stake in iShares iBonds Dec 2029 Term Corporate ETF by 64.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 16,099 shares of the company’s stock worth $365,000 after buying an additional 6,283 shares during the period. Finally, Leavell Investment Management Inc. bought a new position in iShares iBonds Dec 2029 Term Corporate ETF during the third quarter worth about $428,000.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

NYSEARCA IBDU opened at $22.82 on Tuesday. The stock’s 50-day moving average is $22.89 and its 200-day moving average is $23.08. iShares iBonds Dec 2029 Term Corporate ETF has a one year low of $22.24 and a one year high of $24.90.

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.