iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) Sees Strong Trading Volume

iShares iBonds Dec 2032 Term Corporate ETF (NYSEARCA:IBDX) shares saw strong trading volume on Tuesday . 190,910 shares were traded during mid-day trading, an increase of 37% from the previous session’s volume of 139,115 shares.The stock last traded at $24.82 and had previously closed at $24.81.

iShares iBonds Dec 2032 Term Corporate ETF Trading Down 0.4 %

The company’s fifty day moving average is $24.63 and its two-hundred day moving average is $24.61.

Institutional Investors Weigh In On iShares iBonds Dec 2032 Term Corporate ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. First Interstate Bank acquired a new stake in iShares iBonds Dec 2032 Term Corporate ETF in the fourth quarter valued at approximately $22,673,000. Arrow Financial Corp increased its position in shares of iShares iBonds Dec 2032 Term Corporate ETF by 4.8% during the first quarter. Arrow Financial Corp now owns 554,889 shares of the company’s stock worth $13,767,000 after acquiring an additional 25,348 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of iShares iBonds Dec 2032 Term Corporate ETF by 55.4% in the first quarter. Janney Montgomery Scott LLC now owns 229,647 shares of the company’s stock worth $5,698,000 after acquiring an additional 81,835 shares in the last quarter. Sandy Spring Bank boosted its holdings in iShares iBonds Dec 2032 Term Corporate ETF by 21.3% in the fourth quarter. Sandy Spring Bank now owns 114,032 shares of the company’s stock valued at $2,877,000 after purchasing an additional 20,032 shares during the last quarter. Finally, Lyell Wealth Management LP acquired a new stake in iShares iBonds Dec 2032 Term Corporate ETF during the 4th quarter valued at approximately $2,259,000.

About iShares iBonds Dec 2032 Term Corporate ETF

The iShares iBonds Dec 2032 Term Corporate ETF (IBDX) 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 January 1, 2032 and December 15, 2032. IBDX was launched on Jun 28, 2022 and is managed by BlackRock.