Eldridge Investment Advisors Inc. Acquires 7,711 Shares of iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP)

Eldridge Investment Advisors Inc. boosted its holdings in iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) by 10.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,210 shares of the company’s stock after acquiring an additional 7,711 shares during the quarter. Eldridge Investment Advisors Inc. owned 0.08% of iShares iBonds Dec 2024 Term Corporate ETF worth $1,948,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in IBDP. Farmers & Merchants Investments Inc. acquired a new position in shares of iShares iBonds Dec 2024 Term Corporate ETF in the 3rd quarter worth approximately $28,000. Grove Bank & Trust acquired a new position in iShares iBonds Dec 2024 Term Corporate ETF during the 3rd quarter worth about $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in iShares iBonds Dec 2024 Term Corporate ETF during the 4th quarter worth about $37,000. Sutton Wealth Advisors Inc. acquired a new stake in iShares iBonds Dec 2024 Term Corporate ETF in the 3rd quarter valued at about $39,000. Finally, Bogart Wealth LLC bought a new position in shares of iShares iBonds Dec 2024 Term Corporate ETF in the third quarter worth about $63,000.

iShares iBonds Dec 2024 Term Corporate ETF Price Performance

Shares of IBDP traded up $0.01 during mid-day trading on Thursday, hitting $25.02. 141,610 shares of the company traded hands, compared to its average volume of 544,298. The business has a 50-day moving average of $25.02 and a 200 day moving average of $24.92. iShares iBonds Dec 2024 Term Corporate ETF has a one year low of $24.51 and a one year high of $25.09.

iShares iBonds Dec 2024 Term Corporate ETF Company Profile

The iShares iBonds Dec 2024 Term Corporate ETF (IBDP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a global index of USD-denominated, investment-grade corporate bonds maturing between Dec 31, 2023 and Jan 1, 2025. IBDP was launched on Mar 11, 2015 and is managed by BlackRock.