iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU – Get Free Report) saw a significant drop in short interest in May. As of May 31st, there was short interest totalling 92,600 shares, a drop of 71.8% from the May 15th total of 328,900 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 389,700 shares, the days-to-cover ratio is currently 0.2 days.
Hedge Funds Weigh In On iShares iBonds Dec 2029 Term Corporate ETF
Institutional investors have recently modified their holdings of the company. Blue Square Asset Management LLC grew its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 1.2% during the first quarter. Blue Square Asset Management LLC now owns 41,323 shares of the company’s stock worth $956,000 after buying an additional 504 shares in the last quarter. Harbor Investment Advisory LLC grew its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 105.0% during the first quarter. Harbor Investment Advisory LLC now owns 1,640 shares of the company’s stock worth $38,000 after buying an additional 840 shares in the last quarter. Bank of Jackson Hole Trust grew its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 73.1% during the first quarter. Bank of Jackson Hole Trust now owns 3,184 shares of the company’s stock worth $74,000 after buying an additional 1,345 shares in the last quarter. Ancora Advisors LLC grew its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 11.7% during the fourth quarter. Ancora Advisors LLC now owns 16,565 shares of the company’s stock worth $378,000 after buying an additional 1,731 shares in the last quarter. Finally, First Fiduciary Investment Counsel Inc. grew its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 5.6% during the first quarter. First Fiduciary Investment Counsel Inc. now owns 42,965 shares of the company’s stock worth $994,000 after buying an additional 2,275 shares in the last quarter.
iShares iBonds Dec 2029 Term Corporate ETF Stock Performance
Shares of NYSEARCA IBDU opened at $23.10 on Friday. iShares iBonds Dec 2029 Term Corporate ETF has a 52 week low of $22.51 and a 52 week high of $24.90. The stock’s fifty day moving average is $23.03 and its 200 day moving average is $22.97.
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.
See Also
- Five stocks we like better than iShares iBonds Dec 2029 Term Corporate ETF
- What is the MACD Indicator and How to Use it in Your Trading
- Synopsys Stock Falls on China Ban, But Long-Term Outlook Holds
- How to Buy Gold Stock and Invest in Gold
- Alphabet Enters a Bull Market: Is It Time to Buy?
- What Does Downgrade Mean in Investing?
- Ouster Soars 27% as DoD Grants First 3D LiDAR Approval for Drones
Receive News & Ratings for iShares iBonds Dec 2029 Term Corporate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares iBonds Dec 2029 Term Corporate ETF and related companies with MarketBeat.com's FREE daily email newsletter.