Parallel Advisors LLC Has $5.88 Million Position in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT)

Parallel Advisors LLC increased its position in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) by 24.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 236,278 shares of the company’s stock after acquiring an additional 45,795 shares during the period. Parallel Advisors LLC’s holdings in iShares iBonds Dec 2028 Term Corporate ETF were worth $5,883,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in IBDT. Rebalance LLC bought a new position in iShares iBonds Dec 2028 Term Corporate ETF in the fourth quarter worth $3,468,000. GAMMA Investing LLC lifted its position in iShares iBonds Dec 2028 Term Corporate ETF by 21.4% in the fourth quarter. GAMMA Investing LLC now owns 123,906 shares of the company’s stock worth $3,085,000 after purchasing an additional 21,833 shares during the period. First Horizon Advisors Inc. lifted its position in iShares iBonds Dec 2028 Term Corporate ETF by 178.4% in the fourth quarter. First Horizon Advisors Inc. now owns 8,040 shares of the company’s stock worth $200,000 after purchasing an additional 5,152 shares during the period. Bank of New Hampshire lifted its position in iShares iBonds Dec 2028 Term Corporate ETF by 6.9% in the fourth quarter. Bank of New Hampshire now owns 12,200 shares of the company’s stock worth $304,000 after purchasing an additional 785 shares during the period. Finally, Crews Bank & Trust bought a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF during the fourth quarter valued at $2,964,000.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

Shares of NYSEARCA IBDT opened at $25.09 on Tuesday. The business has a fifty day moving average of $25.03 and a two-hundred day moving average of $25.14. iShares iBonds Dec 2028 Term Corporate ETF has a 52-week low of $24.36 and a 52-week high of $25.77.

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.