iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) Sees Unusually-High Trading Volume – What’s Next?

Shares of iShares iBonds Dec 2024 Term Corporate ETF (NYSEARCA:IBDP) saw unusually-high trading volume on Tuesday . Approximately 1,144,201 shares changed hands during trading, an increase of 91% from the previous session’s volume of 598,189 shares.The stock last traded at $25.15 and had previously closed at $25.14.

iShares iBonds Dec 2024 Term Corporate ETF Trading Up 0.0 %

The stock’s 50 day moving average is $25.15 and its 200 day moving average is $25.12.

Institutional Trading of iShares iBonds Dec 2024 Term Corporate ETF

Large investors have recently bought and sold shares of the business. Prime Capital Investment Advisors LLC lifted its position in iShares iBonds Dec 2024 Term Corporate ETF by 15.3% during the third quarter. Prime Capital Investment Advisors LLC now owns 66,367 shares of the company’s stock worth $1,673,000 after acquiring an additional 8,785 shares during the last quarter. Kennebec Savings Bank bought a new stake in shares of iShares iBonds Dec 2024 Term Corporate ETF during the third quarter worth about $29,000. Sonata Capital Group Inc. purchased a new position in iShares iBonds Dec 2024 Term Corporate ETF in the third quarter worth $5,489,000. Montecito Bank & Trust raised its holdings in iShares iBonds Dec 2024 Term Corporate ETF by 61.8% during the 3rd quarter. Montecito Bank & Trust now owns 36,853 shares of the company’s stock valued at $929,000 after acquiring an additional 14,081 shares during the period. Finally, Blue Square Asset Management LLC increased its holdings in shares of iShares iBonds Dec 2024 Term Corporate ETF by 9.4% in the 3rd quarter. Blue Square Asset Management LLC now owns 39,583 shares of the company’s stock worth $998,000 after buying an additional 3,405 shares during the last quarter.

iShares iBonds Dec 2024 Term Corporate ETF Company Profile

The iShares iBonds Dec 2024 Term Corporate ETF (IBDP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a global index of USD-denominated, investment-grade corporate bonds maturing between Dec 31, 2023 and Jan 1, 2025. IBDP was launched on Mar 11, 2015 and is managed by BlackRock.