Horan Securities Inc. Takes $948,000 Position in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT)

Horan Securities Inc. acquired a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 38,079 shares of the company’s stock, valued at approximately $948,000. iShares iBonds Dec 2028 Term Corporate ETF accounts for approximately 0.4% of Horan Securities Inc.’s investment portfolio, making the stock its 27th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of IBDT. Migdal Insurance & Financial Holdings Ltd. grew its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 10.8% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 5,130 shares of the company’s stock worth $131,000 after buying an additional 500 shares in the last quarter. Bank of New Hampshire boosted its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 6.9% during the 4th quarter. Bank of New Hampshire now owns 12,200 shares of the company’s stock worth $304,000 after acquiring an additional 785 shares during the last quarter. Coastline Trust Co bought a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF in the 3rd quarter worth $31,000. Bank of Jackson Hole Trust bought a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF in the 4th quarter worth $42,000. Finally, First United Bank & Trust purchased a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF in the fourth quarter valued at about $48,000.

iShares iBonds Dec 2028 Term Corporate ETF Stock Performance

Shares of NYSEARCA IBDT opened at $25.12 on Friday. The stock’s 50 day moving average price is $25.01 and its 200-day moving average price is $25.15. iShares iBonds Dec 2028 Term Corporate ETF has a twelve month low of $24.36 and a twelve month high of $25.77.

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.