iShares iBonds Dec 2029 Term Corporate ETF (NYSEARCA:IBDU – Get Free Report) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 120,841 shares, a decrease of 37.1% from the July 15th total of 192,215 shares. Based on an average daily trading volume, of 513,370 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.
iShares iBonds Dec 2029 Term Corporate ETF Stock Performance
Shares of IBDU remained flat at $23.07 during trading hours on Wednesday. The stock had a trading volume of 250,580 shares, compared to its average volume of 714,826. The stock has a fifty day simple moving average of $23.08 and a two-hundred day simple moving average of $23.21. iShares iBonds Dec 2029 Term Corporate ETF has a 52 week low of $22.98 and a 52 week high of $23.65.
Institutional Investors Weigh In On iShares iBonds Dec 2029 Term Corporate ETF
Several hedge funds have recently modified their holdings of IBDU. MTM Investment Management LLC acquired a new position in iShares iBonds Dec 2029 Term Corporate ETF during the first quarter valued at $36,000. Ballast Advisors LLC acquired a new stake in iShares iBonds Dec 2029 Term Corporate ETF in the first quarter valued at approximately $40,000. High Note Wealth LLC acquired a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF in the 4th quarter valued at $105,000. BOKF NA acquired a new stake in shares of iShares iBonds Dec 2029 Term Corporate ETF in the fourth quarter worth about $126,000. Finally, Bogart Wealth LLC lifted its holdings in iShares iBonds Dec 2029 Term Corporate ETF by 48.6% in the 1st quarter. Bogart Wealth LLC now owns 8,457 shares of the company’s stock worth $197,000 after purchasing an additional 2,764 shares during the last quarter.
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.
Further Reading
- Five stocks we like better than iShares iBonds Dec 2029 Term Corporate ETF
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
- Why Lowe’s Could Be a Bargain Before Housing Recovers
- Okta’s AI Tailwind Could Put This Forgotten Software Stock Back in Play
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.
