iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Sets New 12-Month Low – Should You Sell?

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) shares hit a new 52-week low on Monday . The company traded as low as $21.53 and last traded at $21.58, with a volume of 17417 shares changing hands. The stock had previously closed at $21.59.

iShares iBonds Dec 2030 Term Corporate ETF Stock Performance

The company’s 50-day moving average price is $21.65 and its 200-day moving average price is $21.81.

Institutional Trading of iShares iBonds Dec 2030 Term Corporate ETF

A number of institutional investors have recently bought and sold shares of the business. High Note Wealth LLC acquired a new position in shares of iShares iBonds Dec 2030 Term Corporate ETF during the 4th quarter worth about $25,000. Ballast Advisors LLC acquired a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF during the 1st quarter worth about $30,000. BOKF NA acquired a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF during the 4th quarter worth about $68,000. NBH Bank purchased a new stake in iShares iBonds Dec 2030 Term Corporate ETF during the second quarter worth approximately $86,000. Finally, Valley Wealth Managers Inc. lifted its stake in iShares iBonds Dec 2030 Term Corporate ETF by 240.4% during the fourth quarter. Valley Wealth Managers Inc. now owns 4,531 shares of the company’s stock worth $100,000 after purchasing an additional 3,200 shares during the last quarter.

iShares iBonds Dec 2030 Term Corporate ETF Company Profile

The iShares iBonds Dec 2030 Term Corporate ETF (IBDV) 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 Jan 1 and Dec 15, 2029. IBDV was launched on Jun 23, 2020 and is managed by BlackRock.