iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Sees Strong Trading Volume – Time to Buy?

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) shares saw unusually-strong trading volume on Thursday . Approximately 232,581 shares changed hands during mid-day trading, an increase of 76% from the previous session’s volume of 132,389 shares.The stock last traded at $25.39 and had previously closed at $25.49.

iShares iBonds Dec 2033 Term Corporate ETF Stock Performance

The business’s 50-day moving average price is $25.21 and its 200 day moving average price is $25.63.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Corporate ETF

A number of institutional investors have recently modified their holdings of IBDY. First United Bank & Trust acquired a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF during the fourth quarter worth $47,000. United Capital Financial Advisors LLC bought a new stake in shares of iShares iBonds Dec 2033 Term Corporate ETF during the 4th quarter valued at about $211,000. Gradient Capital Advisors LLC raised its stake in iShares iBonds Dec 2033 Term Corporate ETF by 27.6% during the fourth quarter. Gradient Capital Advisors LLC now owns 10,699 shares of the company’s stock worth $269,000 after acquiring an additional 2,316 shares during the period. Adirondack Trust Co. lifted its holdings in iShares iBonds Dec 2033 Term Corporate ETF by 183.7% in the fourth quarter. Adirondack Trust Co. now owns 20,077 shares of the company’s stock worth $504,000 after acquiring an additional 13,000 shares during the last quarter. Finally, Montecito Bank & Trust boosted its stake in iShares iBonds Dec 2033 Term Corporate ETF by 53.0% in the third quarter. Montecito Bank & Trust now owns 27,155 shares of the company’s stock valued at $717,000 after acquiring an additional 9,412 shares during the period.

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.