Montecito Bank & Trust Grows Position in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Montecito Bank & Trust boosted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 16.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 40,555 shares of the company’s stock after acquiring an additional 5,734 shares during the period. Montecito Bank & Trust owned 0.07% of iShares iBonds Dec 2029 Term Corporate ETF worth $925,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of IBDU. First United Bank & Trust bought a new position in iShares iBonds Dec 2029 Term Corporate ETF during the fourth quarter valued at $47,000. Farther Finance Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 6,842.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,430 shares of the company’s stock worth $57,000 after acquiring an additional 2,395 shares during the last quarter. Bogart Wealth LLC raised its position in iShares iBonds Dec 2029 Term Corporate ETF by 15.2% in the 3rd quarter. Bogart Wealth LLC now owns 6,507 shares of the company’s stock worth $153,000 after purchasing an additional 857 shares during the period. First Interstate Bank bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the third quarter worth about $204,000. Finally, Bank of New York Mellon Corp boosted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 64.0% during the second quarter. Bank of New York Mellon Corp now owns 16,099 shares of the company’s stock valued at $365,000 after buying an additional 6,283 shares during the period.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

Shares of NYSEARCA IBDU opened at $22.82 on Friday. iShares iBonds Dec 2029 Term Corporate ETF has a fifty-two week low of $22.24 and a fifty-two week high of $24.90. The business’s 50 day moving average price is $22.89 and its 200-day moving average price is $23.08.

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.