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 Thursday . 295,374 shares changed hands during mid-day trading, an increase of 49% from the previous session’s volume of 198,195 shares.The stock last traded at $25.72 and had previously closed at $25.81.

iShares iBonds Dec 2033 Term Corporate ETF Price Performance

The business has a fifty day simple moving average of $26.13 and a two-hundred day simple moving average of $26.19.

Institutional Trading of iShares iBonds Dec 2033 Term Corporate ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Arrow Financial Corp boosted its stake in shares of iShares iBonds Dec 2033 Term Corporate ETF by 0.8% during the 4th quarter. Arrow Financial Corp now owns 555,895 shares of the company’s stock worth $14,531,000 after acquiring an additional 4,543 shares during the last quarter. Ameriprise Financial Inc. lifted its position in iShares iBonds Dec 2033 Term Corporate ETF by 214.8% during the third quarter. Ameriprise Financial Inc. now owns 553,935 shares of the company’s stock valued at $14,530,000 after purchasing an additional 377,989 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in iShares iBonds Dec 2033 Term Corporate ETF by 7.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 359,078 shares of the company’s stock valued at $9,386,000 after purchasing an additional 25,176 shares in the last quarter. Parallel Advisors LLC grew its holdings in iShares iBonds Dec 2033 Term Corporate ETF by 6.6% during the fourth quarter. Parallel Advisors LLC now owns 210,833 shares of the company’s stock valued at $5,511,000 after purchasing an additional 12,966 shares during the period. Finally, Lyell Wealth Management LP grew its holdings in iShares iBonds Dec 2033 Term Corporate ETF by 46.8% during the fourth quarter. Lyell Wealth Management LP now owns 173,645 shares of the company’s stock valued at $4,539,000 after purchasing an additional 55,375 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.