Princeton Global Asset Management LLC Purchases 2,310 Shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU)

Princeton Global Asset Management LLC boosted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 513.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,760 shares of the company’s stock after buying an additional 2,310 shares during the period. Princeton Global Asset Management LLC’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $63,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of IBDU. RVW Wealth LLC grew its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 1,091.5% in the fourth quarter. RVW Wealth LLC now owns 811,880 shares of the company’s stock worth $18,511,000 after acquiring an additional 743,743 shares during the period. Arrow Financial Corp raised its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 1.5% in the third quarter. Arrow Financial Corp now owns 598,293 shares of the company’s stock worth $14,066,000 after buying an additional 8,789 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of iShares iBonds Dec 2029 Term Corporate ETF by 22.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 392,459 shares of the company’s stock worth $8,948,000 after buying an additional 70,651 shares during the period. Lyell Wealth Management LP grew its stake in iShares iBonds Dec 2029 Term Corporate ETF by 23.3% in the third quarter. Lyell Wealth Management LP now owns 305,924 shares of the company’s stock worth $7,192,000 after purchasing an additional 57,724 shares in the last quarter. Finally, Peloton Wealth Strategists boosted its position in iShares iBonds Dec 2029 Term Corporate ETF by 3.0% during the 3rd quarter. Peloton Wealth Strategists now owns 272,895 shares of the company’s stock valued at $6,416,000 after acquiring an additional 7,895 shares in the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Stock Down 0.5 %

Shares of NYSEARCA IBDU opened at $22.83 on Tuesday. iShares iBonds Dec 2029 Term Corporate ETF has a 12-month low of $22.24 and a 12-month high of $24.90. The stock’s fifty day simple moving average is $22.88 and its two-hundred day simple moving average is $23.08.

About iShares iBonds Dec 2029 Term Corporate ETF

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.