Parallel Advisors LLC Grows Stake in iShares iBonds Dec 2028 Term Corporate ETF $IBDT

Parallel Advisors LLC lifted its position in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) by 12.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 290,513 shares of the company’s stock after buying an additional 31,330 shares during the period. Parallel Advisors LLC owned approximately 0.20% of iShares iBonds Dec 2028 Term Corporate ETF worth $7,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rebalance LLC boosted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 86.3% in the 4th quarter. Rebalance LLC now owns 734,069 shares of the company’s stock worth $18,686,000 after buying an additional 340,113 shares during the last quarter. RVW Wealth LLC boosted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 11.0% in the 4th quarter. RVW Wealth LLC now owns 1,088,657 shares of the company’s stock worth $27,712,000 after buying an additional 108,285 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 327.3% in the 4th quarter. Farther Finance Advisors LLC now owns 48,763 shares of the company’s stock worth $1,241,000 after buying an additional 37,351 shares during the last quarter. Heartland Bank & Trust Co boosted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 23.6% in the 3rd quarter. Heartland Bank & Trust Co now owns 168,892 shares of the company’s stock worth $4,310,000 after buying an additional 32,272 shares during the last quarter. Finally, Spinnaker Trust boosted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 14.3% in the 3rd quarter. Spinnaker Trust now owns 428,706 shares of the company’s stock worth $10,941,000 after buying an additional 53,703 shares during the last quarter.

iShares iBonds Dec 2028 Term Corporate ETF Stock Performance

IBDT stock opened at $25.21 on Friday. iShares iBonds Dec 2028 Term Corporate ETF has a 1 year low of $25.08 and a 1 year high of $25.74. The stock’s fifty day moving average price is $25.27 and its 200-day moving average price is $25.39.

iShares iBonds Dec 2028 Term Corporate ETF Profile

The iShares iBonds Dec 2028 Term Corporate ETF (IBDT) 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, 2028. IBDT was launched on Sep 18, 2018 and is managed by BlackRock.