iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV) Stock Price Cross Above 50 Day Moving Average – Here’s What Happened

iShares iBonds Dec 2030 Term Corporate ETF (NYSEARCA:IBDV)’s stock price crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $21.31 and traded as high as $21.35. iShares iBonds Dec 2030 Term Corporate ETF shares last traded at $21.32, with a volume of 656,223 shares.

iShares iBonds Dec 2030 Term Corporate ETF Stock Up 0.2%

The company’s fifty day moving average is $21.31 and its two-hundred day moving average is $21.72.

Institutional Investors Weigh In On iShares iBonds Dec 2030 Term Corporate ETF

Large investors have recently modified their holdings of the business. RVW Wealth LLC boosted its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 8.6% in the second quarter. RVW Wealth LLC now owns 1,309,276 shares of the company’s stock valued at $28,542,000 after buying an additional 103,166 shares during the period. Arrow Financial Corp bought a new stake in shares of iShares iBonds Dec 2030 Term Corporate ETF during the third quarter worth $14,756,000. Janney Montgomery Scott LLC increased its position in shares of iShares iBonds Dec 2030 Term Corporate ETF by 20.1% during the first quarter. Janney Montgomery Scott LLC now owns 541,787 shares of the company’s stock worth $11,860,000 after acquiring an additional 90,623 shares in the last quarter. Rebalance LLC raised its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 1.2% during the third quarter. Rebalance LLC now owns 489,604 shares of the company’s stock worth $10,350,000 after acquiring an additional 5,617 shares during the period. Finally, Parallel Advisors LLC raised its holdings in shares of iShares iBonds Dec 2030 Term Corporate ETF by 5.8% during the first quarter. Parallel Advisors LLC now owns 373,595 shares of the company’s stock worth $8,178,000 after acquiring an additional 20,590 shares during the period.

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.