iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) Position Boosted by Sandy Spring Bank

Sandy Spring Bank increased its holdings in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) by 1.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,686 shares of the company’s stock after buying an additional 3,648 shares during the quarter. Sandy Spring Bank owned about 0.31% of iShares iBonds Dec 2028 Term Corporate ETF worth $5,644,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new position in iShares iBonds Dec 2028 Term Corporate ETF in the 4th quarter worth approximately $42,000. First United Bank & Trust bought a new position in iShares iBonds Dec 2028 Term Corporate ETF in the 4th quarter worth approximately $48,000. Wilmington Savings Fund Society FSB bought a new position in iShares iBonds Dec 2028 Term Corporate ETF in the 4th quarter worth approximately $157,000. Hills Bank & Trust Co bought a new position in iShares iBonds Dec 2028 Term Corporate ETF in the 4th quarter worth approximately $161,000. Finally, 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.

iShares iBonds Dec 2028 Term Corporate ETF Stock Performance

IBDT opened at $25.20 on Thursday. iShares iBonds Dec 2028 Term Corporate ETF has a 1-year low of $24.36 and a 1-year high of $25.77. The business has a 50 day moving average price of $25.04 and a two-hundred day moving average price of $25.14.

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.