iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) saw an uptick in trading volume on Friday . Approximately 921,382 shares were traded during trading, an increase of 284% from the previous session’s volume of 240,019 shares.The stock last traded at $25.39 and had previously closed at $25.35.

iShares iBonds Dec 2033 Term Corporate ETF Stock Up 0.2%

The stock has a fifty day moving average of $25.56 and a 200-day moving average of $25.83.

Hedge Funds Weigh In On iShares iBonds Dec 2033 Term Corporate ETF

A number of institutional investors have recently bought and sold shares of the stock. 10Elms LLP raised its holdings in iShares iBonds Dec 2033 Term Corporate ETF by 12.4% during the 4th quarter. 10Elms LLP now owns 5,900 shares of the company’s stock worth $154,000 after buying an additional 650 shares during the period. Sterling Investment Advisors Ltd. boosted its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 4.3% in the first quarter. Sterling Investment Advisors Ltd. now owns 23,740 shares of the company’s stock worth $614,000 after buying an additional 975 shares during the period. Ballast Advisors LLC purchased a new position in shares of iShares iBonds Dec 2033 Term Corporate ETF in the first quarter worth approximately $30,000. Advisory Services Network LLC increased its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 7.6% in the fourth quarter. Advisory Services Network LLC now owns 16,632 shares of the company’s stock worth $435,000 after acquiring an additional 1,172 shares in the last quarter. Finally, Evergreen Private Wealth LLC raised its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 1.4% during the first quarter. Evergreen Private Wealth LLC now owns 135,299 shares of the company’s stock valued at $3,497,000 after acquiring an additional 1,928 shares during the period.

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.