Archford Capital Strategies LLC Reduces Position in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT)

Archford Capital Strategies LLC trimmed its position in iShares iBonds Dec 2028 Term Corporate ETF (NYSEARCA:IBDT) by 2.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 53,161 shares of the company’s stock after selling 1,503 shares during the period. Archford Capital Strategies LLC’s holdings in iShares iBonds Dec 2028 Term Corporate ETF were worth $1,324,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Coastline Trust Co acquired a new position in shares of iShares iBonds Dec 2028 Term Corporate ETF during the third quarter worth approximately $31,000. First United Bank & Trust acquired a new stake in iShares iBonds Dec 2028 Term Corporate ETF during the 4th quarter valued at $48,000. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 10.8% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 5,130 shares of the company’s stock valued at $131,000 after acquiring an additional 500 shares in the last quarter. Bogart Wealth LLC grew its holdings in shares of iShares iBonds Dec 2028 Term Corporate ETF by 14.7% during the 3rd quarter. Bogart Wealth LLC now owns 6,166 shares of the company’s stock valued at $157,000 after acquiring an additional 789 shares in the last quarter. Finally, First Interstate Bank bought a new stake in iShares iBonds Dec 2028 Term Corporate ETF in the third quarter worth $202,000.

iShares iBonds Dec 2028 Term Corporate ETF Price Performance

iShares iBonds Dec 2028 Term Corporate ETF stock opened at $24.99 on Friday. iShares iBonds Dec 2028 Term Corporate ETF has a fifty-two week low of $24.36 and a fifty-two week high of $25.77. The firm has a fifty day moving average price of $24.99 and a two-hundred day moving average price of $25.15.

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.