iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Trading 0.6% Higher

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) shares were up 0.6% during mid-day trading on Thursday . The stock traded as high as $25.56 and last traded at $25.50. Approximately 66,626 shares were traded during trading, a decline of 39% from the average daily volume of 109,782 shares. The stock had previously closed at $25.34.

iShares iBonds Dec 2033 Term Corporate ETF Trading Up 0.6 %

The firm’s 50-day moving average price is $25.17 and its two-hundred day moving average price is $25.25.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of IBDY. Adirondack Trust Co. boosted its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 5,462.7% during the 1st quarter. Adirondack Trust Co. now owns 3,282 shares of the company’s stock valued at $84,000 after acquiring an additional 3,223 shares during the last quarter. Comerica Bank boosted its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 84.1% during the 1st quarter. Comerica Bank now owns 7,099 shares of the company’s stock valued at $181,000 after acquiring an additional 3,242 shares during the last quarter. Montecito Bank & Trust acquired a new position in shares of iShares iBonds Dec 2033 Term Corporate ETF during the 1st quarter valued at about $299,000. Parallel Advisors LLC acquired a new position in shares of iShares iBonds Dec 2033 Term Corporate ETF during the 4th quarter valued at about $1,314,000. Finally, Sandy Spring Bank boosted its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 119.4% during the 4th quarter. Sandy Spring Bank now owns 67,367 shares of the company’s stock valued at $1,741,000 after acquiring an additional 36,667 shares during the last quarter.

iShares iBonds Dec 2033 Term Corporate ETF Company Profile

The iShares iBonds Dec 2033 Term Corporate ETF (IBDY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a Bloomberg index composed of USD-denominated, investment-grade corporate bonds maturing between January 1, 2033, and December 15, 2033. IBDY was launched on Jun 21, 2023 and is managed by BlackRock.