iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW) Sets New 12-Month High – Time to Buy?

iShares iBonds Dec 2031 Term Corporate ETF (NYSEARCA:IBDW)’s share price reached a new 52-week high on Monday . The stock traded as high as $21.78 and last traded at $21.29, with a volume of 29190 shares changing hands. The stock had previously closed at $21.25.

iShares iBonds Dec 2031 Term Corporate ETF Trading Down 0.1%

The company has a 50-day simple moving average of $21.01 and a two-hundred day simple moving average of $20.78.

Institutional Trading of iShares iBonds Dec 2031 Term Corporate ETF

Several large investors have recently bought and sold shares of IBDW. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 51.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 23,751 shares of the company’s stock valued at $493,000 after purchasing an additional 8,042 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 3.4% during the first quarter. Janney Montgomery Scott LLC now owns 366,578 shares of the company’s stock valued at $7,607,000 after purchasing an additional 11,985 shares during the last quarter. Cary Street Partners Financial LLC lifted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 6.5% during the first quarter. Cary Street Partners Financial LLC now owns 14,307 shares of the company’s stock valued at $297,000 after purchasing an additional 877 shares during the last quarter. Cheviot Value Management LLC purchased a new position in shares of iShares iBonds Dec 2031 Term Corporate ETF during the first quarter valued at approximately $4,775,000. Finally, Bank of New Hampshire lifted its holdings in shares of iShares iBonds Dec 2031 Term Corporate ETF by 7.4% during the first quarter. Bank of New Hampshire now owns 39,740 shares of the company’s stock valued at $825,000 after purchasing an additional 2,725 shares during the last quarter.

About iShares iBonds Dec 2031 Term Corporate ETF

The iShares iBonds Dec 2031 Term Corporate ETF (IBDW) 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, 2031 and December 15, 2031. IBDW was launched on Jun 22, 2021 and is managed by BlackRock.