Janney Montgomery Scott LLC Sells 22,986 Shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT)

Janney Montgomery Scott LLC reduced its stake in shares of iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) by 15.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 127,139 shares of the company’s stock after selling 22,986 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares iBonds Dec 2028 Term Corporate ETF were worth $3,212,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Princeton Global Asset Management LLC raised its position in shares of iShares iBonds Dec 2028 Term Corporate ETF by 3.7% during the first quarter. Princeton Global Asset Management LLC now owns 44,700 shares of the company’s stock worth $1,129,000 after acquiring an additional 1,615 shares during the last quarter. Ancora Advisors LLC increased its position in iShares iBonds Dec 2028 Term Corporate ETF by 14.9% in the fourth quarter. Ancora Advisors LLC now owns 16,131 shares of the company’s stock worth $402,000 after purchasing an additional 2,090 shares during the period. Baird Financial Group Inc. raised its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 9.9% during the 4th quarter. Baird Financial Group Inc. now owns 24,191 shares of the company’s stock worth $602,000 after purchasing an additional 2,180 shares during the last quarter. Sandy Spring Bank lifted its position in iShares iBonds Dec 2028 Term Corporate ETF by 1.6% during the 4th quarter. Sandy Spring Bank now owns 226,686 shares of the company’s stock valued at $5,644,000 after purchasing an additional 3,648 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in iShares iBonds Dec 2028 Term Corporate ETF by 19.0% during the 4th quarter. Bank of New York Mellon Corp now owns 30,942 shares of the company’s stock valued at $770,000 after purchasing an additional 4,948 shares during the period.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

IBDT opened at $25.37 on Wednesday. The firm has a 50 day simple moving average of $25.21 and a 200 day simple moving average of $25.10. iShares iBonds Dec 2028 Term Corporate ETF has a fifty-two week low of $24.60 and a fifty-two week high of $25.77.

iShares iBonds Dec 2028 Term Corporate ETF Company Profile

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.