Confluence Investment Management LLC Makes New Investment in iShares iBonds Dec 2028 Term Corporate ETF $IBDT

Confluence Investment Management LLC bought a new position in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 399,602 shares of the company’s stock, valued at approximately $10,198,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Princeton Global Asset Management LLC lifted its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 1.1% during the second quarter. Princeton Global Asset Management LLC now owns 45,205 shares of the company’s stock worth $1,149,000 after acquiring an additional 505 shares during the period. Bank of Jackson Hole Trust increased its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 31.9% during the 2nd quarter. Bank of Jackson Hole Trust now owns 3,850 shares of the company’s stock valued at $98,000 after purchasing an additional 932 shares during the last quarter. Dearborn Partners LLC raised its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 6.7% during the 2nd quarter. Dearborn Partners LLC now owns 22,450 shares of the company’s stock worth $571,000 after purchasing an additional 1,406 shares during the period. Rebalance LLC raised its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 0.9% during the 2nd quarter. Rebalance LLC now owns 168,982 shares of the company’s stock worth $4,296,000 after purchasing an additional 1,579 shares during the period. Finally, Bank of New Hampshire boosted its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 15.8% in the 2nd quarter. Bank of New Hampshire now owns 13,900 shares of the company’s stock worth $353,000 after buying an additional 1,900 shares during the last quarter.

iShares iBonds Dec 2028 Term Corporate ETF Stock Performance

IBDT opened at $25.40 on Tuesday. iShares iBonds Dec 2028 Term Corporate ETF has a fifty-two week low of $24.78 and a fifty-two week high of $25.76. The firm has a 50-day moving average of $25.48 and a 200 day moving average of $25.42.

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.