Confluence Investment Management LLC Boosts Stock Position in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Confluence Investment Management LLC grew its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 3.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 254,736 shares of the company’s stock after acquiring an additional 8,131 shares during the period. Confluence Investment Management LLC’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $5,808,000 as of its most recent SEC filing.

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

iShares iBonds Dec 2029 Term Corporate ETF Stock Up 0.1 %

iShares iBonds Dec 2029 Term Corporate ETF stock opened at $22.82 on Friday. iShares iBonds Dec 2029 Term Corporate ETF has a 12 month low of $22.24 and a 12 month high of $24.90. The company has a fifty day moving average price of $22.96 and a two-hundred day moving average price of $23.07.

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.