JPMorgan Chase & Co. Increases Stake in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

JPMorgan Chase & Co. boosted its stake in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 16,778.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 242,371 shares of the company’s stock after purchasing an additional 240,935 shares during the quarter. JPMorgan Chase & Co. owned about 0.41% of iShares iBonds Dec 2029 Term Corporate ETF worth $5,698,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of IBDU. Praetorian Wealth Management Inc. lifted its position in iShares iBonds Dec 2029 Term Corporate ETF by 0.9% during the third quarter. Praetorian Wealth Management Inc. now owns 189,348 shares of the company’s stock valued at $4,452,000 after buying an additional 1,770 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 6,842.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,430 shares of the company’s stock valued at $57,000 after acquiring an additional 2,395 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 28.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 31,710 shares of the company’s stock valued at $746,000 after acquiring an additional 7,107 shares in the last quarter. Peloton Wealth Strategists increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 3.7% in the 2nd quarter. Peloton Wealth Strategists now owns 265,000 shares of the company’s stock valued at $6,008,000 after purchasing an additional 9,500 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in iShares iBonds Dec 2029 Term Corporate ETF by 64.0% in the second quarter. Bank of New York Mellon Corp now owns 16,099 shares of the company’s stock valued at $365,000 after purchasing an additional 6,283 shares during the period.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

Shares of IBDU 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 stock’s 50-day moving average is $22.90 and its two-hundred day moving average is $23.07.

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.