iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) Shares Acquired by Montecito Bank & Trust

Montecito Bank & Trust lifted its holdings in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 90.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,821 shares of the company’s stock after acquiring an additional 16,581 shares during the quarter. Montecito Bank & Trust owned 0.06% of iShares iBonds Dec 2029 Term Corporate ETF worth $819,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Newman Dignan & Sheerar Inc. purchased a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the 2nd quarter worth approximately $3,135,000. Lyell Wealth Management LP boosted its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 23.3% during the third quarter. Lyell Wealth Management LP now owns 305,924 shares of the company’s stock worth $7,192,000 after buying an additional 57,724 shares in the last quarter. Adirondack Trust Co. grew its position in iShares iBonds Dec 2029 Term Corporate ETF by 108.9% during the third quarter. Adirondack Trust Co. now owns 42,731 shares of the company’s stock valued at $1,004,000 after buying an additional 22,271 shares during the period. Spinnaker Trust increased its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 70.2% in the third quarter. Spinnaker Trust now owns 53,268 shares of the company’s stock valued at $1,252,000 after buying an additional 21,971 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 7.0% in the third quarter. Janney Montgomery Scott LLC now owns 321,808 shares of the company’s stock worth $7,566,000 after acquiring an additional 20,983 shares during the period.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

IBDU stock opened at $23.04 on Friday. iShares iBonds Dec 2029 Term Corporate ETF has a 52-week low of $21.79 and a 52-week high of $24.90. The company’s 50-day simple moving average is $23.30 and its 200-day simple moving average is $22.96.

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.