22,655 Shares in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Acquired by Dearborn Partners LLC

Dearborn Partners LLC purchased a new stake in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 22,655 shares of the company’s stock, valued at approximately $517,000.

A number of other hedge funds have also recently made changes to their positions in the company. RVW Wealth LLC raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 1,091.5% in the fourth quarter. RVW Wealth LLC now owns 811,880 shares of the company’s stock worth $18,511,000 after buying an additional 743,743 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in iShares iBonds Dec 2029 Term Corporate ETF by 22.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 392,459 shares of the company’s stock worth $8,948,000 after acquiring an additional 70,651 shares during the last quarter. Lyell Wealth Management LP raised its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 7.1% in the 4th quarter. Lyell Wealth Management LP now owns 327,578 shares of the company’s stock valued at $7,469,000 after acquiring an additional 21,654 shares in the last quarter. Peloton Wealth Strategists boosted its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 12.3% during the 4th quarter. Peloton Wealth Strategists now owns 306,400 shares of the company’s stock valued at $6,986,000 after acquiring an additional 33,505 shares during the last quarter. Finally, Confluence Investment Management LLC grew its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 3.3% during the fourth quarter. Confluence Investment Management LLC now owns 254,736 shares of the company’s stock worth $5,808,000 after purchasing an additional 8,131 shares in the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

IBDU stock opened at $23.00 on Wednesday. The company’s 50 day moving average is $22.89 and its 200 day moving average is $23.06. iShares iBonds Dec 2029 Term Corporate ETF has a 1-year low of $22.24 and a 1-year 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.