iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) Sees Unusually-High Trading Volume – Time to Buy?

iShares iBonds Dec 2033 Term Corporate ETF (NYSEARCA:IBDY) saw an uptick in trading volume on Friday . 921,382 shares traded hands during mid-day trading, an increase of 284% from the previous session’s volume of 240,019 shares.The stock last traded at $25.39 and had previously closed at $25.35.

iShares iBonds Dec 2033 Term Corporate ETF Trading Up 0.2%

The stock’s fifty day moving average price is $25.57 and its 200-day moving average price is $25.84.

Institutional Investors Weigh In On iShares iBonds Dec 2033 Term Corporate ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IBDY. 10Elms LLP lifted its position in iShares iBonds Dec 2033 Term Corporate ETF by 12.4% in the fourth quarter. 10Elms LLP now owns 5,900 shares of the company’s stock valued at $154,000 after buying an additional 650 shares during the last quarter. Sterling Investment Advisors Ltd. lifted its holdings in shares of iShares iBonds Dec 2033 Term Corporate ETF by 4.3% in the 1st quarter. Sterling Investment Advisors Ltd. now owns 23,740 shares of the company’s stock worth $614,000 after acquiring an additional 975 shares during the last quarter. Ballast Advisors LLC acquired a new position in shares of iShares iBonds Dec 2033 Term Corporate ETF in the 1st quarter worth approximately $30,000. Advisory Services Network LLC boosted its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 7.6% during the 4th quarter. Advisory Services Network LLC now owns 16,632 shares of the company’s stock worth $435,000 after purchasing an additional 1,172 shares during the period. Finally, Evergreen Private Wealth LLC boosted its position in shares of iShares iBonds Dec 2033 Term Corporate ETF by 1.4% during the 1st quarter. Evergreen Private Wealth LLC now owns 135,299 shares of the company’s stock worth $3,497,000 after purchasing an additional 1,928 shares during the period.

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.