Godshalk Welsh Capital Management Inc. Purchases 32,850 Shares of iShares iBonds Dec 2029 Term Corporate ETF $IBDU

Godshalk Welsh Capital Management Inc. raised its position in iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 32.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 132,750 shares of the company’s stock after acquiring an additional 32,850 shares during the period. iShares iBonds Dec 2029 Term Corporate ETF comprises approximately 1.8% of Godshalk Welsh Capital Management Inc.’s holdings, making the stock its 13th largest holding. Godshalk Welsh Capital Management Inc. owned 0.08% of iShares iBonds Dec 2029 Term Corporate ETF worth $3,088,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. MTM Investment Management LLC acquired a new position in shares of iShares iBonds Dec 2029 Term Corporate ETF in the first quarter valued at $36,000. High Note Wealth LLC bought a new position in iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter worth $105,000. GAMMA Investing LLC boosted its stake in iShares iBonds Dec 2029 Term Corporate ETF by 9.4% during the fourth quarter. GAMMA Investing LLC now owns 5,284 shares of the company’s stock worth $124,000 after buying an additional 452 shares in the last quarter. BOKF NA acquired a new stake in iShares iBonds Dec 2029 Term Corporate ETF during the fourth quarter worth $126,000. Finally, Flagship Harbor Advisors LLC bought a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter valued at $132,000.

iShares iBonds Dec 2029 Term Corporate ETF Stock Performance

Shares of IBDU stock opened at $23.03 on Thursday. The firm has a fifty day moving average of $23.11 and a 200-day moving average of $23.26. iShares iBonds Dec 2029 Term Corporate ETF has a 52-week low of $23.00 and a 52-week high of $23.65.

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.