iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Sees Unusually-High Trading Volume

Shares of iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) saw an uptick in trading volume on Monday . 67,837 shares traded hands during mid-day trading, a decline of 52% from the previous session’s volume of 142,697 shares.The stock last traded at $25.55 and had previously closed at $25.54.

iShares iBonds Dec 2032 Term Corporate ETF Stock Down 0.1 %

The company has a 50 day simple moving average of $24.96 and a 200-day simple moving average of $24.66.

Institutional Trading of iShares iBonds Dec 2032 Term Corporate ETF

Several hedge funds have recently modified their holdings of IBDX. First Interstate Bank increased its position in iShares iBonds Dec 2032 Term Corporate ETF by 96.7% in the 2nd quarter. First Interstate Bank now owns 2,136,419 shares of the company’s stock valued at $52,470,000 after buying an additional 1,050,185 shares in the last quarter. Arrow Financial Corp grew its stake in iShares iBonds Dec 2032 Term Corporate ETF by 3.3% in the second quarter. Arrow Financial Corp now owns 573,019 shares of the company’s stock valued at $14,073,000 after acquiring an additional 18,130 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of iShares iBonds Dec 2032 Term Corporate ETF by 55.4% during the first quarter. Janney Montgomery Scott LLC now owns 229,647 shares of the company’s stock valued at $5,698,000 after acquiring an additional 81,835 shares in the last quarter. Lyell Wealth Management LP raised its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 10.1% during the second quarter. Lyell Wealth Management LP now owns 177,925 shares of the company’s stock worth $4,370,000 after purchasing an additional 16,275 shares during the period. Finally, Parallel Advisors LLC lifted its holdings in shares of iShares iBonds Dec 2032 Term Corporate ETF by 8.2% in the 2nd quarter. Parallel Advisors LLC now owns 104,992 shares of the company’s stock worth $2,579,000 after purchasing an additional 7,972 shares in the last quarter.

About iShares iBonds Dec 2032 Term Corporate ETF

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.