iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Trading Down 1.3% – Here’s What Happened

Shares of iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) were down 1.3% during trading on Thursday . The stock traded as low as $24.35 and last traded at $24.35. Approximately 95,424 shares were traded during trading, a decline of 42% from the average daily volume of 165,287 shares. The stock had previously closed at $24.67.

iShares iBonds Dec 2032 Term Corporate ETF Trading Down 0.2 %

The business’s 50 day moving average is $24.80 and its 200 day moving average is $24.88.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Centricity Wealth Management LLC purchased a new stake in iShares iBonds Dec 2032 Term Corporate ETF during the fourth quarter worth about $40,000. First United Bank & Trust acquired a new position in iShares iBonds Dec 2032 Term Corporate ETF in the 4th quarter valued at $47,000. United Capital Financial Advisors LLC boosted its stake in shares of iShares iBonds Dec 2032 Term Corporate ETF by 6.9% in the fourth quarter. United Capital Financial Advisors LLC now owns 9,202 shares of the company’s stock valued at $226,000 after buying an additional 596 shares in the last quarter. Cary Street Partners Financial LLC acquired a new position in iShares iBonds Dec 2032 Term Corporate ETF during the fourth quarter worth $322,000. Finally, Dorsey & Whitney Trust CO LLC acquired a new stake in iShares iBonds Dec 2032 Term Corporate ETF during the 4th quarter valued at $393,000.

iShares iBonds Dec 2032 Term Corporate ETF Company Profile

The iShares iBonds Dec 2032 Term Corporate ETF (IBDX) 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 January 1, 2032 and December 15, 2032. IBDX was launched on Jun 28, 2022 and is managed by BlackRock.