iShares iBonds Dec 2028 Term Corporate ETF $IBDT Shares Newly Purchased by Rebalance LLC

Rebalance LLC purchased a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 690,030 shares of the company’s stock, valued at approximately $17,223,000. iShares iBonds Dec 2028 Term Corporate ETF makes up about 0.9% of Rebalance LLC’s portfolio, making the stock its 17th largest position.

Several other institutional investors have also recently added to or reduced their stakes in IBDT. Reliant Wealth Planning raised its stake in iShares iBonds Dec 2028 Term Corporate ETF by 0.9% during the 1st quarter. Reliant Wealth Planning now owns 68,697 shares of the company’s stock valued at $1,740,000 after acquiring an additional 588 shares during the last quarter. Valley Wealth Managers Inc. lifted its position in iShares iBonds Dec 2028 Term Corporate ETF by 1.8% during the 1st quarter. Valley Wealth Managers Inc. now owns 47,794 shares of the company’s stock worth $1,211,000 after acquiring an additional 841 shares during the period. Pension & Wealth Management Advisors Inc. acquired a new stake in iShares iBonds Dec 2028 Term Corporate ETF during the 3rd quarter worth approximately $25,000. Farmers National Bank lifted its position in iShares iBonds Dec 2028 Term Corporate ETF by 2.4% during the 1st quarter. Farmers National Bank now owns 47,990 shares of the company’s stock worth $1,216,000 after acquiring an additional 1,118 shares during the period. Finally, Montecito Bank & Trust grew its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 2.5% in the 3rd quarter. Montecito Bank & Trust now owns 56,897 shares of the company’s stock valued at $1,420,000 after purchasing an additional 1,361 shares during the last quarter.

iShares iBonds Dec 2028 Term Corporate ETF Trading Down 0.0%

Shares of IBDT stock traded down $0.01 during midday trading on Friday, hitting $25.01. The company had a trading volume of 985,891 shares, compared to its average volume of 688,091. The company’s 50 day simple moving average is $25.03 and its 200 day simple moving average is $25.15. iShares iBonds Dec 2028 Term Corporate ETF has a 52-week low of $24.85 and a 52-week high of $25.74.

About iShares iBonds Dec 2028 Term Corporate ETF

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.