Lyell Wealth Management LP Buys 57,724 Shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Lyell Wealth Management LP lifted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 23.3% during the third quarter, Holdings Channel reports. The fund owned 305,924 shares of the company’s stock after buying an additional 57,724 shares during the quarter. Lyell Wealth Management LP’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $7,192,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Gradient Capital Advisors LLC bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the first quarter valued at $255,000. Janney Montgomery Scott LLC increased its position in iShares iBonds Dec 2029 Term Corporate ETF by 5.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 287,674 shares of the company’s stock valued at $6,565,000 after buying an additional 14,723 shares in the last quarter. Valley Wealth Managers Inc. bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the 1st quarter valued at about $468,000. Comerica Bank raised its stake in iShares iBonds Dec 2029 Term Corporate ETF by 13.5% during the 1st quarter. Comerica Bank now owns 25,424 shares of the company’s stock worth $580,000 after buying an additional 3,025 shares during the period. Finally, Adirondack Trust Co. boosted its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 17.0% in the second quarter. Adirondack Trust Co. now owns 20,460 shares of the company’s stock worth $464,000 after acquiring an additional 2,968 shares in the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Price Performance

Shares of iShares iBonds Dec 2029 Term Corporate ETF stock opened at $23.09 on Friday. iShares iBonds Dec 2029 Term Corporate ETF has a 52 week low of $21.44 and a 52 week high of $24.90. The stock has a 50 day moving average price of $23.35 and a two-hundred day moving average price of $22.93.

iShares iBonds Dec 2029 Term Corporate ETF 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.