First Horizon Advisors Inc. Takes $71,000 Position in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT)

First Horizon Advisors Inc. purchased a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,842 shares of the company’s stock, valued at approximately $71,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Roble Belko & Company Inc boosted its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF by 8.1% during the fourth quarter. Roble Belko & Company Inc now owns 13,339 shares of the company’s stock worth $335,000 after buying an additional 1,004 shares during the period. Private Trust Co. NA increased its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 87.5% in the fourth quarter. Private Trust Co. NA now owns 2,201 shares of the company’s stock valued at $55,000 after purchasing an additional 1,027 shares during the period. Sutton Wealth Advisors Inc. purchased a new stake in shares of iShares iBonds Dec 2028 Term Corporate ETF during the third quarter worth approximately $34,000. Praetorian Wealth Management Inc. grew its position in iShares iBonds Dec 2028 Term Corporate ETF by 0.9% in the 4th quarter. Praetorian Wealth Management Inc. now owns 173,817 shares of the company’s stock valued at $4,361,000 after buying an additional 1,489 shares during the last quarter. Finally, Valley Wealth Managers Inc. increased its stake in iShares iBonds Dec 2028 Term Corporate ETF by 6.4% in the 3rd quarter. Valley Wealth Managers Inc. now owns 32,603 shares of the company’s stock valued at $783,000 after buying an additional 1,975 shares during the period.

iShares iBonds Dec 2028 Term Corporate ETF Stock Up 0.1 %

Shares of NYSEARCA:IBDT opened at $24.66 on Wednesday. iShares iBonds Dec 2028 Term Corporate ETF has a fifty-two week low of $23.62 and a fifty-two week high of $25.19. The firm’s 50-day simple moving average is $24.69 and its 200-day simple moving average is $24.67.

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.