iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Sets New 52-Week Low – Should You Sell?

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) shares hit a new 52-week low on Tuesday . The company traded as low as $24.82 and last traded at $24.85, with a volume of 151428 shares. The stock had previously closed at $24.88.

iShares iBonds Dec 2033 Term Corporate ETF Stock Down 0.1%

The firm’s 50-day moving average price is $25.33 and its two-hundred day moving average price is $25.65.

Institutional Trading of iShares iBonds Dec 2033 Term Corporate ETF

A number of hedge funds have recently made changes to their positions in the stock. 10Elms LLP lifted its position in iShares iBonds Dec 2033 Term Corporate ETF by 12.4% in the 4th quarter. 10Elms LLP now owns 5,900 shares of the company’s stock worth $154,000 after buying an additional 650 shares in the last quarter. Sterling Investment Advisors Ltd. increased its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 4.3% during the 1st 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 last quarter. Ballast Advisors LLC bought a new position in shares of iShares iBonds Dec 2033 Term Corporate ETF in the first quarter valued at approximately $30,000. Evergreen Private Wealth LLC raised its holdings in iShares iBonds Dec 2033 Term Corporate ETF by 1.4% in the 1st quarter. Evergreen Private Wealth LLC now owns 135,299 shares of the company’s stock worth $3,497,000 after acquiring an additional 1,928 shares during the period. Finally, Parallel Advisors LLC lifted its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 1.0% during the 1st quarter. Parallel Advisors LLC now owns 213,017 shares of the company’s stock worth $5,506,000 after purchasing an additional 2,184 shares during the last quarter.

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.