GAMMA Investing LLC Trims Position in iShares iBonds Dec 2029 Term Corporate ETF $IBDU

GAMMA Investing LLC trimmed its position in shares of iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU) by 85.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 4,832 shares of the company’s stock after selling 29,012 shares during the period. GAMMA Investing LLC’s holdings in iShares iBonds Dec 2029 Term Corporate ETF were worth $113,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bank of New Hampshire increased its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 5.5% during the third quarter. Bank of New Hampshire now owns 42,040 shares of the company’s stock valued at $987,000 after acquiring an additional 2,200 shares in the last quarter. Dearborn Partners LLC lifted its stake in shares of iShares iBonds Dec 2029 Term Corporate ETF by 6.8% in the 2nd quarter. Dearborn Partners LLC now owns 24,304 shares of the company’s stock worth $567,000 after purchasing an additional 1,540 shares during the period. Cary Street Partners Financial LLC grew its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 5.5% during the second quarter. Cary Street Partners Financial LLC now owns 52,324 shares of the company’s stock valued at $1,221,000 after purchasing an additional 2,733 shares during the period. RFP Financial Group LLC purchased a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF in the second quarter worth $354,000. Finally, Peloton Wealth Strategists raised its position in shares of iShares iBonds Dec 2029 Term Corporate ETF by 0.7% during the second quarter. Peloton Wealth Strategists now owns 341,400 shares of the company’s stock valued at $7,965,000 after buying an additional 2,400 shares during the last quarter.

iShares iBonds Dec 2029 Term Corporate ETF Trading Up 0.2%

IBDU stock opened at $23.39 on Thursday. The company has a fifty day simple moving average of $23.44 and a two-hundred day simple moving average of $23.37. iShares iBonds Dec 2029 Term Corporate ETF has a 52 week low of $22.55 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.