Rebalance LLC Buys Shares of 139,288 iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT)

Rebalance LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 139,288 shares of the company’s stock, valued at approximately $3,468,000. iShares iBonds Dec 2028 Term Corporate ETF accounts for about 0.3% of Rebalance LLC’s investment portfolio, making the stock its 29th biggest position. Rebalance LLC owned about 0.19% of iShares iBonds Dec 2028 Term Corporate ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in IBDT. Leavell Investment Management Inc. boosted its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 36.7% during the third quarter. Leavell Investment Management Inc. now owns 76,210 shares of the company’s stock valued at $1,946,000 after acquiring an additional 20,440 shares during the period. Arrow Financial Corp grew its position in iShares iBonds Dec 2028 Term Corporate ETF by 2.1% in the 3rd quarter. Arrow Financial Corp now owns 542,320 shares of the company’s stock worth $13,845,000 after purchasing an additional 10,972 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 10.8% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 5,130 shares of the company’s stock valued at $131,000 after purchasing an additional 500 shares during the period. Coastline Trust Co bought a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF during the third quarter valued at approximately $31,000. Finally, Captrust Financial Advisors boosted its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 9.0% during the third quarter. Captrust Financial Advisors now owns 299,491 shares of the company’s stock worth $7,646,000 after buying an additional 24,852 shares during the period.

iShares iBonds Dec 2028 Term Corporate ETF Stock Performance

IBDT opened at $25.12 on Monday. The stock’s 50 day moving average price is $25.01 and its 200 day moving average price is $25.15. iShares iBonds Dec 2028 Term Corporate ETF has a 12 month low of $24.36 and a 12 month high of $25.77.

iShares iBonds Dec 2028 Term Corporate ETF Company Profile

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.