Bank of New York Mellon Corp Raises Stock Holdings in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Bank of New York Mellon Corp boosted its holdings in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 56.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 48,320 shares of the company’s stock after purchasing an additional 17,446 shares during the period. Bank of New York Mellon Corp owned about 0.08% of iShares iBonds Dec 2029 Term Corporate ETF worth $1,102,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Centricity Wealth Management LLC purchased a new position in iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter valued at about $1,677,000. 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 worth $7,469,000 after purchasing an additional 21,654 shares during the period. Bank of Jackson Hole Trust purchased a new position in iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter valued at approximately $42,000. Newman Dignan & Sheerar Inc. grew its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 5.0% during the fourth quarter. Newman Dignan & Sheerar Inc. now owns 149,849 shares of the company’s stock valued at $3,417,000 after purchasing an additional 7,147 shares during the period. Finally, Spinnaker Trust increased its position in iShares iBonds Dec 2029 Term Corporate ETF by 151.4% in the fourth quarter. Spinnaker Trust now owns 133,891 shares of the company’s stock worth $3,053,000 after buying an additional 80,623 shares during the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

Shares of IBDU opened at $23.05 on Tuesday. iShares iBonds Dec 2029 Term Corporate ETF has a 1 year low of $22.24 and a 1 year high of $24.90. The stock’s fifty day moving average price is $22.94 and its two-hundred day moving average price is $23.04.

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.