Spinnaker Trust Raises Position in iShares iBonds Dec 2028 Term Corporate ETF $IBDT

Spinnaker Trust grew its position in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) by 14.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 489,263 shares of the company’s stock after acquiring an additional 60,557 shares during the period. Spinnaker Trust owned about 0.33% of iShares iBonds Dec 2028 Term Corporate ETF worth $12,454,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rebalance LLC boosted its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 86.3% in the fourth quarter. Rebalance LLC now owns 734,069 shares of the company’s stock valued at $18,686,000 after acquiring an additional 340,113 shares in the last quarter. RVW Wealth LLC boosted its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 11.0% in the fourth quarter. RVW Wealth LLC now owns 1,088,657 shares of the company’s stock valued at $27,712,000 after acquiring an additional 108,285 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 327.3% during the fourth quarter. Farther Finance Advisors LLC now owns 48,763 shares of the company’s stock worth $1,241,000 after buying an additional 37,351 shares in the last quarter. Heartland Bank & Trust Co boosted its holdings in iShares iBonds Dec 2028 Term Corporate ETF by 23.6% during the third quarter. Heartland Bank & Trust Co now owns 168,892 shares of the company’s stock worth $4,310,000 after buying an additional 32,272 shares in the last quarter. Finally, ADG Wealth Management Group LLC purchased a new stake in iShares iBonds Dec 2028 Term Corporate ETF during the fourth quarter worth about $509,000.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

IBDT stock opened at $25.20 on Tuesday. iShares iBonds Dec 2028 Term Corporate ETF has a 52 week low of $25.08 and a 52 week high of $25.74. The company’s 50-day moving average price is $25.27 and its 200 day moving average price is $25.39.

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.