iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Sets New 1-Year Low – Here’s What Happened

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $25.28 and last traded at $25.28, with a volume of 20564 shares trading hands. The stock had previously closed at $25.34.

iShares iBonds Dec 2033 Term Corporate ETF Stock Performance

The stock has a 50 day moving average price of $25.60 and a two-hundred day moving average price of $25.86.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IBDY. 10Elms LLP increased its position 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 position 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 valued at $614,000 after acquiring an additional 975 shares during the period. Ballast Advisors LLC bought a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF in the first quarter valued at about $30,000. Advisory Services Network LLC grew its stake 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 valued at $435,000 after acquiring an additional 1,172 shares in the last quarter. Finally, Evergreen Private Wealth LLC grew its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 1.4% in 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 in the last quarter.

About iShares iBonds Dec 2033 Term Corporate ETF

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.