Spinnaker Trust Has $5.70 Million Position in iShares iBonds Dec 2029 Term Corporate ETF $IBDU

Spinnaker Trust raised its holdings in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 15.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 242,880 shares of the company’s stock after acquiring an additional 33,196 shares during the quarter. Spinnaker Trust’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $5,700,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in IBDU. Atlantic Union Bankshares Corp acquired a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF during the 2nd quarter worth $5,927,000. Rebalance LLC boosted its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 132.2% in the third quarter. Rebalance LLC now owns 428,735 shares of the company’s stock worth $10,062,000 after purchasing an additional 244,087 shares in the last quarter. Lbmc Investment Advisors LLC increased its position in iShares iBonds Dec 2029 Term Corporate ETF by 25.6% during the third quarter. Lbmc Investment Advisors LLC now owns 242,055 shares of the company’s stock worth $5,681,000 after buying an additional 49,401 shares during the last quarter. RVW Wealth LLC raised its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 4.2% during the third quarter. RVW Wealth LLC now owns 939,759 shares of the company’s stock valued at $22,056,000 after buying an additional 38,088 shares in the last quarter. Finally, Montecito Bank & Trust bought a new position in iShares iBonds Dec 2029 Term Corporate ETF during the third quarter valued at about $742,000.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

IBDU opened at $23.45 on Friday. The stock has a 50-day moving average of $23.42 and a 200-day moving average of $23.42. iShares iBonds Dec 2029 Term Corporate ETF has a 52-week low of $22.55 and a 52-week high of $23.65.

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.